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Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial company offering a range of services through its broker-dealer subsidiaries, including underwriting, trading, brokerage of equity and debt securities, and the sale of mutual funds and other investment products. Its market cap currently stands at $25 billion. RJF is scheduled to release its fiscal 2024 Q3 earnings results on Wednesday, Jul. 24.
Ahead of the event, analysts expect Raymond James to report a profit of $2.30 per share, up 24.3% from $1.85 per share in the year-ago quarter. The company has failed to exceed Wall Street’s EPS estimates in three of the last four quarters while beating on one occasion.