Reports Q1 revenue $3.01B, consensus $3.06B. “High satisfaction between clients and advisors, along with solid financial advisor retention and recruiting in the Private Client Group segment drove record quarterly earnings per share and strong net new asset annualized growth of 7.8% in the quarter,” said CEO Paul Reilly. “We are well positioned entering the fiscal second quarter with record client assets and robust financial advisor recruiting activity.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RJF:
- JPMorgan financial services analysts hold an analyst/industry conference call
- Is RJF a Buy, Before Earnings?
- Raymond James price target raised to $106 from $100 at Morgan Stanley
- Raymond James price target raised to $112 from $105 at Citi
- Raymond James upgraded to Overweight from Neutral at JPMorgan