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Raymond James reports Q1 adjusted EPS $2.40, consensus $2.26
The Fly

Raymond James reports Q1 adjusted EPS $2.40, consensus $2.26

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.”

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