Charles Schwab Q4 Income Rises 15%

(RTTNews) - Charles Schwab (SCHW) released a profit for its fourth quarter that climbed from last year.

The company said its bottom line totaled $378 million, or $0.28 per share. This was higher than $329 million, or $0.25 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.0% to $1.69 billion. This was up from $1.55 billion last year.

Charles Schwab earnings at a glance:

-Earnings (Q4): $378 Mln. vs. $329 Mln. last year. -Earnings Growth (Y-o-Y): 14.9% -EPS (Q4): $0.28 vs. $0.25 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $0.25 -Revenue (Q4): $1.69 Bln vs. $1.55 Bln last year. -Revenue Change (Y-o-Y): 9.0%