Interactive Brokers beats by $0.23, beats on revs; declares dividend
- Reports Q1 (Mar) earnings of $0.98 per share, excluding non-recurring items, $0.23 better than the S&P Capital IQ Consensus of $0.75; revenues rose 67.9% year/year to $893 mln vs the $622.65 mln S&P Capital IQ Consensus.
- Commission revenue showed strong growth, increasing $143 million, or 53%, from the year-ago quarter on higher customer trading volumes within an active trading environment worldwide.
- Customer accounts increased 74% from the year-ago quarter to 1.33 million.
- Total DARTs increased 128% from the year-ago quarter to 3.31 million.
- The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.10 per share. This dividend is payable on June 14, 2021 to shareholders of record as of June 1, 2021.