LPL Financial Holdings Inc

LPLA: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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LPL Financial: Commonwealth Attrition, Cash Woes Tarnish Our View of Otherwise Solid Quarter

LPL Financial reported third-quarter earnings, posting 17% revenue growth (to $5.34 billion) and 15% adjusted EPS growth (to $5.97) on strong market performance. Still, shares fell by a mid-single-digit percentage after hours.

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