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TD Ameritrade reports fiscal 1Q earnings Tuesday

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OMAHA, Neb. (AP) — Online brokerage TD Ameritrade will release its fiscal first-quarter earnings report Tuesday morning.

Ameritrade's earnings report will show whether worries about the so-called fiscal cliff debate drove investors to buy and sell stocks or to retreat to the sidelines.

A year ago, Ameritrade reported $152 million net income, or 27 cents per share, in the October-December quarter as trading activity slowed because investors worried about the economy.

The Omaha, Neb., based Ameritrade generates revenue both from trading fees and from the asset-based fees they charge clients.

Analysts surveyed by FactSet, on average, expect Ameritrade to report quarterly earnings per share of 24 cents on revenue of $636 million.

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Online:

TD Ameritrade Holding Corp.: www.amtd.com

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