Wall Street analysts expect Charles Schwab Corporation (SCHW) to report quarterly earnings of $0.75 per share in its upcoming report, down 2.6% from the previous year. Revenue is expected to be $4.8 billion, up 4.3% from the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has been revised upward by 0.2% from current levels. This shows the collective reassessment of the original forecasts by the covering analysts during this period.

Before a company's earnings announcement, it's important to consider changes to earnings estimates. This serves as an important indicator in predicting potential investor actions regarding the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and near-term stock price performance.

While investors typically use consensus earnings and revenue estimates as a benchmark for evaluating the company's quarterly performance, examining analyst forecasts for some of the company's key metrics can provide a more comprehensive perspective.

With that in mind, let's take a look at the average estimates of certain Charles Schwab metrics that are commonly tracked and forecast by Wall Street analysts.

According to the analysts' joint estimate, net income – other is expected to be $170.49 million. The estimate suggests a change of -0.9% year-on-year.

The analysts' collective assessment suggests an estimated “Net Revenue – Bank Deposit Fees” of $153.56 million. The estimate suggests a change of -25.1% from the same quarter last year.

Analysts expect “Net Income – Net Interest Income” to be $2.22 billion. The estimate suggests an annual change of -0.6%.

Analysts forecast that “Net Income – Asset Management and Administrative Fees” will reach $1.44 billion. The estimate suggests a change of +17.9% compared to the same quarter last year.

The consensus estimate for “total customer assets” is $9,713.57 billion. The estimate contrasts with last year's figure of $7,824.5 billion.

Analysts agree that the “total average daily customer trading” will reach 5,601.96 thousand. Compared to the current estimate, the company reported 5.22 million in the year-ago quarter.

Analysts expect the “average interest-bearing assets” to reach $418.61 billion. Compared to the current estimate, the company reported $453.76 billion in the year-ago quarter.

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Analysts’ assessment suggests that “average client assets – total advisory solutions” reaches $669.55 million. The estimate is in line with last year's figure of $566.26 million.

Analysts forecast that “average client assets – Mutual Fund OneSource and other funds with no transaction fee” will reach $352.21 million. The estimate contrasts with last year's figure of $255.04 million.

Analysts' average forecast puts “average client assets – Schwab stock and bond funds, ETFs and collective trust funds (CTFs)” at $598.19 million. Compared to the current estimate, the company reported $485.33 million in the prior-year quarter.

Based on the analysts' collective assessment, the “Average Client Assets – Schwab Money Market Funds” is expected to be $547.21 million. Compared to the current estimate, the company reported $414.07 million in the prior-year quarter.

The analysts' combined assessment suggests that “net new customer assets” are expected to reach $92.38 billion. The estimate contrasts with last year's figure of $48.2 billion.

You can find all of Charles Schwab's key company figures here>>>

Shares of Charles Schwab returned +9% over the past month, compared to the Zacks S&P 500 Composite's change of +4.9%. With a Zacks Rank #3 (Hold), SCHW is expected to reflect overall market performance in the near term. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>

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