earnings
confidence high
sentiment positive
materiality 0.80
LPL Financial Q2 net income $286M, EPS $3.65 up 85% YoY; assets $1.24T up 16%
LPL Financial Holdings Inc.
2023-Q2 EPS reported
$7.90
revenue$4,886,636,000
- Net income $286M, diluted EPS $3.65 (+85% YoY); adjusted EPS $3.94 (+76% YoY).
- Gross profit $990M (+39% YoY); EBITDA $519M (+67% YoY).
- Total advisory and brokerage assets $1.24T (+16% YoY); advisory assets $662B (+18%).
- Organic net new assets $22B (7.4% annualized); advisor count 21,942 (+421 sequentially).
- Share repurchases $350M; corporate cash $325M; leverage 1.25x.