Online brokerage TD Ameritrade to release its fiscal 4Q earnings report Tuesday morning



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OMAHA, Nebraska — Online brokerage TD Ameritrade will release its fiscal fourth quarter earnings report Tuesday morning.

The analysts surveyed by FactSet expect the Omaha, Nebraska, based company to report earnings per share of 36 cents on revenue of $770 million.

Last year, Ameritrade reported $200 million net income, or 36 cents per share, on $709 million revenue as trading surged ahead of a standoff over the U.S. budget.

Ameritrade makes money from trading commissions and generates revenue from assets it holds for clients and fees for advice.

The current low interest rates limit Ameritrade's asset-based revenue, but the company will prosper when interest rates rise.

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