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Interactive Brokers is getting ready to share its third-quarter results, and here’s what top analysts are saying.

ResultsRead the original at Benzinga
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Interactive Brokers reported 4.1 million daily trades in September, up 6% from a year earlier, and analysts expect higher quarterly profit and sales. Some analysts cut targets or lowered ratings, but rising trading activity and expected growth point to a stronger business.

IBKR · Interactive Brokers Group, Inc.

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The AI's read

More trades can give Interactive Brokers more chances to earn fees. Analysts also expect profit and sales to rise from a year earlier. Some analyst calls were less upbeat: UBS lowered its rating, and Goldman cut its price target. Still, the higher trading activity and expected growth are the clearest company signs in this report.

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