Jan. 29 at 11:20 AM
$RJF beats earnings, but faces pressure — what's next? 🤔
Adjusted EPS of
$2.86 topped estimates, driven by revenue growth and record assets under administration, despite a 2% decline from the prior-year quarter. However, rising expenses and a 21% dip in Capital Markets' top line are headwinds. 📉
Discover the full breakdown here 👉 https://www.zacks.com/stock/news/2824937/raymond-james-q1-earnings-beat-on-higher-revenues-ib-weakness-ails?cid=sm-stocktwits-2-2824937-body-30822&ADID=SYND_STOCKTWITS_TWEET_2_2824937_BODY_30822