E TRADE Financial Corporation (ETFC) Reports Q2 Loss

E TRADE Financial Corporation (NASDAQ:ETFC) released its earnings report for the three months ended June 30 this afternoon after the market closed. The company revealed that it lost $0.19 per share in the second quarter of the year. Revenue in the period came to $440 million. On today's market, stock in E TRADE Financial trended upward, closing the day at $13.62 per share.

In the run up to this afternoon's earnings release, analysts following E TRADE Financial Corporation (NASDAQ:ETFC) were looking for earnings of 12 cents per share from the online brokerage. Revenues for...