Interactive Brokers Earnings Preview: IBKR Faces a Crucial Test After Trading Surge
Interactive Brokers shares rose nearly 3% to $81.71 ahead of Tuesday’s first-quarter results, with analysts expecting earnings of about 60 cents per share. March saw daily average revenue trades up 25% year-on-year to 4.329 million, client accounts up 31%, and margin loans up 35% to $86 billion. However, DARTs and client equity slipped 1% and 4% from February. The company has expanded into crypto transfers and prediction markets.