OMAHA, Nebraska — Online brokerage TD Ameritrade will release its fiscal second-quarter earnings report Tuesday morning.
The analysts surveyed by FactSet expect the company to report earnings per share of 35 cents on revenue of $819 million.
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.
A year ago, TD Ameritrade's quarterly profit jumped 35 percent as trading surged. The Omaha, Nebraska-based company earned $194 million net income, or 35 cents per share, in last year's fiscal second quarter.