Raymond James' Q4 Earnings Beat, Stock Up on Solid IB Business
Raymond James Financial(RJF) ZACKS·2024-10-24 21:11
Shares of Raymond James (RJF) gained 1.2% in after-hours trading following the release of its fourth quarter and fiscal 2024 results (ended Sept. 30). Its fourth-quarter fiscal 2024 adjusted earnings of $2.95 per share handily surpassed the Zacks Consensus Estimate of $2.44. The bottom line surged 38% from the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from robust investment banking (IB) and brokerage performance in the Capital markets segment. T ...