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Raymond James' net revenues gain 5% YOY in fiscal Q3

Jul 25, 2019 - SNL Financial
Financial Results

Raymond James Financial Inc. posted net income of $259 million, or $1.80 per share, for the fiscal third quarter, an increase from $232 million, or $1.55 per share, in the year-ago quarter.

The S&P Global Market Intelligence consensus GAAP EPS estimate for the quarter was $1.80.

The Saint Petersburg, Fla.-based company posted net revenues of $1.93 billion for the fiscal third quarter, up 5% from $1.84 billion in the same period of 2018. During the quarter, Raymond James posted a pret...