NEW YORK (TheStreet) --Charles Schwab (SCHW - Get Report) is scheduled to release its 2015 second quarter earnings results before the market open tomorrow morning. Analysts are expecting the savings and loan holding company to post a year over year rise in earnings and revenue for the most recent quarter.

For the most recent quarter Charles Schwab has been forecast to report earnings of 24 cents per share on revenue of $1.54 billion.

Last year, the company said it earned 23 cents per diluted share on revenue of $1.48 billion, for the 2014 second quarter.

Shares of Charles Schwab are down by 0.58% to $33.58 in mid-day trading on Wednesday.

Additionally, the company announced today that it has launched SchwabSafe, an online resource with "perspective and tips" for clients on cyber security.

Insight From TheStreet Research Team

TheStreet's Paul Price commented today on Charles Schwab in a post on RealMoneyPro.com. Here is a snippet of what Price had to say:

Shares of brokerage firm Charles Schwab have defied logic over the last seven years. The stock peaked at $28.80 in 2008, when the company posted earnings per share of $1.06. Current-year EPS estimates now center on an almost identical $1.05.

Most people would assume Schwab would have a modest P/E based on such a poor track record. Instead, Schwab averaged a 23.2x multiple over that entire period, excluding 2010, when the P/E expanded drastically only because the firm's profits contracted.

Any disappointment, or simply a market correction, could torpedo this stock. A half-hearted replay of what occurred in 2009 or 2011 might send the shares down to below $24.

-Paul Price 'Talked to Chuck, He Said 'Sell Schwab'' Originally Published on 7/15/2015 on Real Money Pro.

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