Yahoo Finance Raymond James Financial Second Quarter 2024 Earnings: In Line With Expectations
Raymond James Financial (NYSE:RJF) Second Quarter 2024 Results
Key Financial Results
Revenue: US$3.10b (up 10.0% from 2Q 2023).
Net income: US$474.0m (up 12% from 2Q 2023).
Profit margin: 15% (in line with 2Q 2023).
EPS: US$2.28 (up from US$1.97 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Raymond James Financial Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Raymond James Financial's balance sheet health.
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