ETRADE SWING BACK TO PROFIT# Stock
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http://finance.yahoo.com/news/ETRADE-Swings-to-zacks-393034859.html?x=0&.v=1
E*TRADE Financial Corporation (NasdaqGS: ETFC - News) has turned to profitability in the second quarter of 2010 after reporting losses over the last three years. The company reported earnings of 12 cents per share versus the Zacks Consensus Estimate of a loss of 11 cents.
The significant turnaround in its results was helped by a drop in loan loss provisions in the quarter. Results were also supported by lower operating
E*TRADE Financial Corporation (NasdaqGS: ETFC - News) has turned to profitability in the second quarter of 2010 after reporting losses over the last three years. The company reported earnings of 12 cents per share versus the Zacks Consensus Estimate of a loss of 11 cents.
The significant turnaround in its results was helped by a drop in loan loss provisions in the quarter. Results were also supported by lower operating