30.07.2014 12:17:32

LPL Financial Q2 Profit Matches Estimates - Quick Facts

(RTTNews) - LPL Financial Holdings Inc. (LPLA), parent company of LPL Financial LLC, reported second-quarter net income of $43.09 million or $0.42 per share, compared to $45.09 million or $0.42 per share, prior year. Adjusted earnings per share was $0.61 for the quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.61 for the quarter. Analysts' estimates typically exclude special items.

Net revenues rose to $1.09 billion from $1.02 billion, prior year. Analysts expected revenue of $1.09 billion for the quarter.

The company's Board declared a cash dividend of $0.24 per share, to be paid on August 29, 2014 to all shareholders of record on August 14, 2014.

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