AMTD is currently trading up over 4% in afterhours trading after boosting their quarterly profit prediction due to higher-than-expected trading volume. The company now says that quarterly profits will exceed the company’s high-end predictions of 28 cents per share. Analysts were expecting that the company would report earnings of 22 cents per share. The company also cited higher than expected customer balances and a positive economy as reasons why the company exceeded forecasts. The company did not offer new guidance for 2006, but expect the company to guide higher on April 24th when the company releases their earnings.
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