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Charles Schwab reports Q3 adjusted EPS $1.31, consensus $1.25

Reports Q3 revenue $6.14B, consensus $6.02B. Total client assets increased 17% year-over-year to a record $11.59T. Daily average trading volume was 7.4M, up 30%. “Our unwavering focus on delivering for clients helped us attract $137.5 billion in 3Q core net new assets plus over 1 million new brokerage accounts for the fourth straight quarter,” said president and CEO Rick Wurster.

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