Online brokerage TD Ameritrade will release its fiscal first-quarter earnings report on Wednesday



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OMAHA, Nebraska — Online brokerage TD Ameritrade will release its fiscal first-quarter earnings report Wednesday morning.

This will be the first TD Ameritrade report since the Federal Reserve approved the first short-term interest rate increase since 2006.

As interest rates increase over time, TD Ameritrade will benefit because it generates some revenue from asset-based fees it charges customers.

The company may have also received a boost from the recent volatility, which tends to boost trading activity.

Analysts surveyed by FactSet are expecting TD Ameritrade to report earnings per share of 36 cents on $811.2 million revenue.

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