earnings
confidence high
sentiment positive
materiality 0.75
LPL Financial Q3 net income $232M, diluted EPS $2.86 (+127% YoY); adjusted EPS $3.13
LPL Financial Holdings Inc.
2022-Q3 EPS reported
$6.47
revenue$6,267,638,000
- Gross profit up 33% YoY to $838M; EBITDA up 84% to $414M.
- Total advisory and brokerage assets $1.04 trillion, down 8% YoY; organic net new assets $20B (7% annualized).
- Advisor count of 21,044, up 173 sequentially and 1,417 YoY.
- Share repurchases $75M (366K shares at avg $205); dividends paid $20M in Q3.
- Corporate cash $424M; leverage ratio 1.72x.