Tuesday, April 17, 2007

TD Ameritrade posts lower earnings, cuts estimate

(Reuters) - The brokerage, whose shares fell 7.7 percent, said net income for the second quarter ended March 31 fell to $141.1 million, or 23 cents a share, from $172.8 million, or 30 cents a share a year before.

Analysts had on average expected earnings of 24 cents a share, according to Reuters Estimates.


Read more at Reuters.com Hot Stocks News

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