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Raymond James Financial, Inc. (RJF), headquartered in St. Petersburg, Florida, is a leading diversified financial services company providing a wide range of investment and wealth management solutions. With a market cap of $32.2 billion, Raymond James supports clients through its robust network of advisors, offering services across investment banking, asset management, and private client wealth advisory. The company is scheduled to release its Q1 earnings after the market closes on Wednesday, Jan. 29.
Ahead of this event, analysts expect the investment banking company to report a profit of $2.74 per share, up 14.2% from $2.40 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one other occasion.