BUZZ - Charles Schwab shares fall as Q3 revenue misses expectations

October 15 - ** Financial services and brokerage firm Charles Schwab (SCHW.N) saw its share price fall 2.6% to $94.34

** According to data compiled by London Stock Exchange Group (LSEG), the company reported third-quarter revenue of $7.17 billion, below analysts’ expectations of $7.18 billion

** Adjusted earnings per share for the third quarter were $1.69, above analysts’ expectations of $1.66

** Of 25 brokerages, 19 have a “buy” or higher rating on the stock, 5 have a “hold” rating, and 1 a “sell” rating; the median price target is $125.44

** The stock currently trades at 12.40 times estimated earnings per share for the next 12 months, higher than the industry median of 10.92 times

** Including the decline for the day, SCHW is now down over 5% year to date

(To facilitate non-native English speakers, Reuters has automated translation of its reports into several other languages. Automated translations may contain errors or lack the desired context, and Reuters does not guarantee the accuracy of the automated translation. The automated translation is provided purely for reader convenience. Reuters accepts no responsibility for any damage or loss arising from use of the automated translation feature.)