Schwab's revenue growth is slowing, but the real risk is its track record of missing forecasts

Charles Schwab has missed Wall Street’s revenue estimates multiple times over the last two years. The company is entering earnings with a gap between its current share price ($98.63) and the average analyst price target ($116.85). Analysts expect Schwab's revenue to grow 15.9% year on year this quarter, a slowdown from 18.1% growth in the same quarter last year. The company missed revenue expectations last quarter, reporting $6.34 billion in revenue, up 18.9% year on year. Charles Schwab will report earnings tomorrow before market open.