- Raymond James reported adjusted earnings per share (EPS) of $2.18 for the third quarter, falling short of the estimated $2.37.
- This figure is also a decline from the previous year’s adjusted EPS of $2.39.
- Reported EPS for the quarter was $2.12, compared to $2.31 in the same period last year.
- Net revenue for Raymond James reached $3.40 billion, marking a year-over-year increase of 5.3% and surpassing the estimate of $3.37 billion.
- Analyst recommendations include 5 ratings as “buys”, 11 as “holds”, and none rated as “sells”.
A look at Raymond James Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Raymond James Financial, Inc. is positioned for a positive long-term outlook based on the Smartkarma Smart Scores analysis. With strong scores in Growth, Resilience, and Momentum at 4 each, the company demonstrates a promising future in terms of expansion, stability, and market performance. These factors indicate that Raymond James Financial is well-positioned for sustained growth and success in the financial services sector.
Although Value and Dividend scores are slightly lower at 3 and 2 respectively, the overall outlook for Raymond James Financial remains optimistic. As a provider of financial services across the US, Canada, and internationally, the company’s strategic positioning and robust performance metrics suggest a favorable trajectory in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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