Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

TD Ameritrade will report its fiscal 3Q earnings Tuesday

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade will report its third-quarter earnings Tuesday morning.

The Omaha, Nebraska, based company is also getting ready to part with retiring CEO Fred Tomczyk this fall.

Analysts surveyed by FactSet expect TD Ameritrade to report earnings per share of 38 cents on $829 million revenue.

TD Ameritrade makes money by charging fees to handle trades and fees it charges for holding clients' assets.

Tomczyk's successor, Tim Hockey, is serving as president of TD Ameritrade as he prepares to take over.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed