E*Trade Financial Corp. Profit Climbs In Q3

(RTTNews) - E*Trade Financial Corp. (ETFC) revealed earnings for its third quarter that climbed from last year.

The company's earnings came in at $261 million, or $1.00 per share. This compares with $135 million, or $0.49 per share, in last year's third quarter.

Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.2% to $720 million from $599 million last year.

E*Trade Financial Corp. earnings at a glance:

-Earnings (Q3): $261 Mln. vs. $135 Mln. last year. -EPS (Q3): $1.00 vs. $0.49 last year. -Analysts Estimate: $0.82 -Revenue (Q3): $720 Mln vs. $599 Mln last year.