Raymond James Financial Non-GAAP EPS of $2.29 beats by $0.01, revenue of $2.79B misses by $40M
Jan. 25, 2023 4:24 PM ETRaymond James Financial, Inc. (RJF)By: Gaurav Batavia, SA News Editor
- Raymond James Financial press release (NYSE:RJF): Q1 Non-GAAP EPS of $2.29 beats by $0.01.
- Revenue of $2.79B (flat Y/Y) misses by $40M.
- Domestic Private Client Group net new assets of $23.2 billion for the fiscal first quarter, 9.8% annualized growth rate from beginning of period assets
- Client assets under administration of $1.17 trillion and financial assets under management of $185.9 billion
- Annualized return on common equity for the quarter of 21.3% and annualized adjusted return on tangible common equity for the quarter of 26.1%