More on E-Trade (ETFC): Q1 beats across the board despite a 9% Y/Y decline in revenue. Net...

|By:, SA News Editor

More on E-Trade (ETFC): Q1 beats across the board despite a 9% Y/Y decline in revenue. Net profit climbed 38% over the same year ago period, bolstered by a $26M tax benefit and a 38% decline in its loan-loss provision - a key metric for investors because it reflects the company's recovery from bad bets made on the U.S. housing market. Shares +2.4% AH.