Charles Schwab lifted its full-year 2026 revenue growth guidance following stronger-than-expected Q2 earnings results.
Charles Schwab (SCHW) shares pared early losses in Tuesday’s session after the brokerage raised its full-year 2026 revenue growth guidance. The stock, which had fallen as much as 3% premarket, traded down just 0.1% by mid-morning.
Q2 earnings surpassed Wall Street estimates, though expense pressures persisted. The updated guidance reflects improved revenue expectations, offsetting earlier investor concerns over cost management.
Markets reacted modestly, with the stock recovering most of its premarket decline but remaining slightly lower on the day.