Investing.com - LPL Financial reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
LPL Financial announced earnings per share of $2.86 on revenue of $2.16. Analysts polled by Investing.com anticipated EPS of $2.89 on revenue of $2.16B.
LPL Financial shares are down 33% from the beginning of the year and are trading at $253.10 , down-from-52-week-high.
LPL Financial shares gained 0.30% in after-hours trade the report.
LPL Financial follows other major Financial sector earnings this month
LPL Financial's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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