TD Ameritrade Holding Corp. Q3 adjusted earnings Beat Estimates

(RTTNews) - TD Ameritrade Holding Corp. (AMTD) reported earnings for its third quarter that rose from last year.

The company's bottom line came in at $451 million, or $0.79 per share. This compares with $231 million, or $0.44 per share, in last year's third quarter.

Excluding items, TD Ameritrade Holding Corp. reported adjusted earnings of $508 million or $0.89 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 48.4% to $1.38 billion from $0.93 billion last year.

TD Ameritrade Holding Corp. earnings at a glance:

-Earnings (Q3): $508 Mln. vs. $252 Mln. last year. -EPS (Q3): $0.89 vs. $0.48 last year. -Analysts Estimate: $0.80 -Revenue (Q3): $1.38 Bln vs. $0.93 Bln last year.