For the quarter ended September 2024, Raymond James Monetary, Inc. (RJF) reported income of $3.46 billion, up 13.4% over the identical interval final yr. EPS got here in at $2.95, in comparison with $2.13 within the year-ago quarter.
The reported income represents a shock of +4.79% over the Zacks Consensus Estimate of $3.3 billion. With the consensus EPS estimate being $2.44, the EPS shock was +20.90%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s value efficiency extra precisely.
Right here is how Raymond James Monetary carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Tier 1 Leverage Ratio: 12.8% versus the three-analyst common estimate of 12.1%.
- Non-public Shopper Group property in Payment-based Accounts: $875.20 million in comparison with the $838.52 million common estimate based mostly on three analysts.
- Whole Capital Ratio: 24.1% versus 24% estimated by two analysts on common.
- Non-public Shopper Group Asset Below Administration: $1.51 billion versus $1.45 billion estimated by two analysts on common.
- Internet Revenues- Whole brokerage revenues: $561 million in comparison with the $538.25 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +16.9% yr over yr.
- Revenues- Curiosity revenue: $1.07 billion in comparison with the $1.06 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of +5.3% yr over yr.
- Whole Revenues- Different: $60 million in comparison with the $63.12 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +11.1% yr over yr.
- Revenues- Account and repair charges: $332 million versus $331.02 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.7% change.
- Revenues- Asset administration and associated administrative charges: $1.66 billion versus $1.64 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +14.9% change.
- Revenues- Funding banking: $315 million versus $203.85 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +55.9% change.
- Principal transactions: $123 million in comparison with the $124.34 million common estimate based mostly on three analysts. The reported quantity represents a change of +25.5% yr over yr.
- Revenues- Brokerage revenues- Securities Commissions and Charges: $438 million in comparison with the $419.76 million common estimate based mostly on three analysts. The reported quantity represents a change of +14.7% yr over yr.
View all Key Company Metrics for Raymond James Financial here>>>
Shares of Raymond James Monetary have returned +9.7% over the previous month versus the Zacks S&P 500 composite’s +2.7% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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Raymond James Financial, Inc. (RJF) : Free Stock Analysis Report
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