Charles Schwab Posted Record Quarterly Revenue of $7.08 Billion. Can It Vault Higher, or Was This a Peak?
The storied financial sector mainstay benefited from lively U.S. capital markets.
Overview
Although it's thrilling when an investor's company hits an all-time high in one of its fundamentals, that investor has to be careful. It's difficult to top a record, and there are many examples of companies that hit peaks they never scaled again.
So Charles Schwab (NYSE: SCHW) shareholders -- myself included -- should take a careful look at the company's second quarter, in which the veteran financial services company reported a historic high in quarterly revenue.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.