E*Trade Financial Corp. Q2 Profit Advances

(RTTNews) - E*Trade Financial Corp. (ETFC) released earnings for its second quarter that increased from last year.

The company's earnings came in at $250 million, or $0.95 per share. This compares with $193 million, or $0.70 per share, in last year's second quarter.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.1% to $710 million from $577 million last year.

E*Trade Financial Corp. earnings at a glance:

-Earnings (Q2): $250 Mln. vs. $193 Mln. last year. -EPS (Q2): $0.95 vs. $0.70 last year. -Analysts Estimate: $0.88 -Revenue (Q2): $710 Mln vs. $577 Mln last year.