NASDAQ$LPLA

LPL Financial Holdings Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

LPLA Q1 2024 — $385K revenue, 3.83 EPS

Company’s future financial and operating results, outlook, growth, plans, business strategies, liquidity, future share repurchases and dividends, in. LPL Financial Holdings Inc reported Q1 2024 results. Diluted EPS came in at $3.83. Net income of $289K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $385K.
  • Diluted EPS: $3.83.
  • Net income: $289K.
  • Gross profit: $2K.

Headline financials

Total Revenue

$2.83B

Previous: $2.42B+17.2%
EPS

$3.83

Previous: $4.49-14.7%
Capital Expenditures

-$121M

Previous: -$101M-19.5%
Free Cash Flow

$168M

Previous: $238M-29.4%
Net Income

$289M

Previous: $339M-14.8%
Operating Income

$2.63B

Previous: $2.24B+17.6%
Gross Profit

$2.83B

Previous: $2.42B+17.2%
Cash & Equivalents

$1.1B

Previous: $470M+134.6%
Total Assets

$11B

Previous: $9.17B+20.2%
Stock-Based Comp

$23.3M

Previous: $18.6M+25.2%

Revenue & EPS history

LPL Financial · Revenue · Quarterly

$2.83B

Q1 2024+17.2%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

LPL Financial · $2.52B total across 9 segments · Q3 2023

  • Advisory
    $1.08B+17.1%
  • Client cash
    $361M
  • Trailing
    $332M
  • Sales-based
    $312M
  • Other asset-based
    $225M
  • Service and fee
    $136M+11.4%
  • Transaction
    $50.2M+15.9%
  • Interest
    $40.8M+84.6%
  • Others
    -$14.5M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.6%

Avg return

Earnings day

+3.3%

Avg return

5 days after

+4.1%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+13.7%

Q1 2019

Best reaction

-38.1%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-2.8%-18.1%
Q4 2025-1.7%+7.2%-17.2%
Q3 2025+11.6%+10.7%+5.2%
Q1 2025+6.3%+13.6%+14.7%
Q4 2024+1.3%-0.0%+2.7%
Q3 2024+6.2%+3.1%+22.4%
Q2 2024-2.5%-2.4%-1.4%
Q1 2024-3.1%-1.1%+2.0%
Q4 2023+5.0%+1.0%+11.3%
Q3 2023+2.4%+3.8%+5.8%
Q2 2023-3.9%-1.3%-0.8%
Q1 2023+4.7%-1.7%-0.9%
Q4 2022-0.3%+4.4%+8.5%
Q3 2022+4.5%+4.3%-6.9%
Q2 2022+4.9%+8.8%+7.5%
Q1 2022-1.3%+0.4%+5.5%
Q4 2021+2.9%+7.6%-10.8%
Q3 2021-4.7%-1.2%-7.1%
Q2 2021+0.5%-2.4%+7.5%
Q1 2021+2.7%+1.6%-3.1%
Q4 2020+8.5%+8.9%+15.7%
Q3 2020+4.1%+7.8%+20.7%
Q2 2020-2.5%-1.3%+1.6%
Q1 2020+0.9%+1.2%+16.2%
Q4 2019-2.2%-1.5%-15.7%
Q3 2019+1.0%+3.2%+16.3%
Q2 2019-0.6%-3.3%-16.3%
Q1 2019+13.7%+14.6%+9.1%
Q4 2018+8.1%+10.8%+10.4%
Q3 2018+5.7%+10.2%+14.0%
Q2 2018+0.6%-3.9%-3.8%
Q1 2018+5.9%+12.8%+14.9%
Q4 2017+5.8%+4.9%+6.4%
Q3 2017-5.8%-6.3%-6.3%
Q2 2017+0.0%-0.8%+0.5%
Q1 2017+6.8%+9.2%+0.8%
Q4 2016+4.4%+4.2%+0.4%
Q3 2016-1.2%+4.5%+30.2%
Q2 2016+8.2%-0.5%+17.4%
Q1 2016-1.5%
Q4 2015-38.1%
Q3 2015+3.4%
Q2 2015-9.0%
Q1 2015-1.7%
Q4 2014+1.6%
Q3 2014-2.7%
Q2 2014-4.3%
Q1 2014-4.3%
Q4 2013-0.3%
Q3 2013-0.3%
Q2 2013+6.5%
Q1 2013+0.2%
Q4 2012-0.1%
Q3 2012+1.7%
Q2 2012-13.2%
Q1 2011-3.3%
Q1 2012+0.2%
Q4 2009+3.5%
Q4 2011+3.5%
Q1 2010+3.5%
Q3 2010+3.5%
Q3 2011+3.5%
Q2 2011-1.8%
Q4 2010-1.8%
Q2 2010-1.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro