LPL Financial Holdings Inc. (LPLA) Q4 2023 Earnings Call Transcript

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Q4: 2024-02-01 Earnings Summary

EPS of $2.85 misses by $0.28
 | Revenue of $2.64B (13.31% Y/Y) beats by $100.28M

LPL Financial Holdings Inc. (NASDAQ:LPLA) Q4 2023 Results Conference Call February 1, 2024 5:00 PM ET

Company Participants

Dan Arnold - President, Chief Executive Officer & Director
Matt Audette - Principal Accounting Officer, CFO & Head of Business Operations

Conference Call Participants

Steven Chubak - Wolfe Research
Alexander Blostein - Goldman Sachs
Kyle Voigt - KBW
Devin Ryan - JMP Securities
Dan Fannon - Jefferies
Ben Budish - Barclays
Michael Cyprys - Morgan Stanley
Michael Cho - JP Morgan

Operator

Good afternoon, and thank you for joining the Fourth Quarter 2023 Earnings Conference Call for LPL Financial Holdings Inc. Joining the call today are our President and Chief Executive Officer, Dan Arnold; and Chief Financial Officer and Head of Business Operations, Matt Audette. Dan and Matt will offer introductory remarks, and then the call will be open for questions. The company would appreciate if analysts will limit themselves to one question and one follow-up each. The company has posted its earnings press release and supplementary information on the Investor Relations section of the company's website, investor.lpl.com.

Today's call will include forward-looking statements, including statements about LPL Financial's future financial and operating results, outlook, business strategies and plans as well as other opportunities and potential risks that management foresees. Such forward-looking statements reflect management's current estimates or beliefs and are subject to known and unknown risks and uncertainties that may cause actual results or the timing of events to differ materially from those expressed or implied in such forward-looking statements.

For more information about such risks and uncertainties, the company refers listeners to the disclosures set forth under the caption Forward-Looking Statements in the earnings press release as well as the risk factors and other disclosures contained in the company's recent filings with the Securities and Exchange Commission. During the call, the company will

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