eToro's Q3 Profits Soar, Shares Surge

eToros Q3 profits soared, surpassing expectations, as individual investors continued to buy shares, driving an 8% increase before market opening. The companys net contribution grew by 28% to $215 million, with assets under administration surging 76% to $20.8 billion. eToros adjusted profit of $0.60 per share outpaced last years $0.51 and analyst predictions of $0.56, with a share repurchase program worth up to $150 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.