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What Analyst Projections for Key Metrics Reveal About Raymond James Financial (RJF) Q4 Earnings

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In its upcoming report, Raymond James Financial, Inc. (RJF - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.44 per share, reflecting an increase of 14.6% compared to the same period last year. Revenues are forecasted to be $3.31 billion, representing a year-over-year increase of 8.5%.

Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Raymond James Financial metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts forecast 'Revenues- Interest income' to reach $1.06 billion. The estimate points to a change of +4.3% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Total Revenues- Other' of $63.12 million. The estimate indicates a change of +16.9% from the prior-year quarter.

Based on the collective assessment of analysts, 'Revenues- Asset management and related administrative fees' should arrive at $1.64 billion. The estimate indicates a year-over-year change of +13.7%.

The consensus estimate for 'Revenues- Account and service fees' stands at $331.13 million. The estimate suggests a change of +5.5% year over year.

Analysts expect 'Revenues- Investment banking' to come in at $202.57 million. The estimate indicates a change of +0.3% from the prior-year quarter.

It is projected by analysts that the 'Net Revenues- Total brokerage revenues' will reach $541.22 million. The estimate suggests a change of +12.8% year over year.

Analysts' assessment points toward 'Revenues- Brokerage revenues- Securities Commissions and Fees' reaching $424.62 million. The estimate suggests a change of +11.2% year over year.

According to the collective judgment of analysts, 'Tier 1 Leverage Ratio' should come in at 12.1%. The estimate compares to the year-ago value of 11.9%.

The consensus among analysts is that 'Private Client Group assets in Fee-based Accounts' will reach $827.62 million. Compared to the present estimate, the company reported $683.20 million in the same quarter last year.

The combined assessment of analysts suggests that 'Total Capital Ratio' will likely reach 24.1%. Compared to the current estimate, the company reported 22.8% in the same quarter of the previous year.

Analysts predict that the 'Assets Under Management' will reach $244.80 billion. Compared to the current estimate, the company reported $196.40 billion in the same quarter of the previous year.

The average prediction of analysts places 'Tier 1 Capital Ratio' at 22.7%. The estimate compares to the year-ago value of 21.4%.

View all Key Company Metrics for Raymond James Financial here>>>

Raymond James Financial shares have witnessed a change of +11.4% in the past month, in contrast to the Zacks S&P 500 composite's +4.5% move. With a Zacks Rank #3 (Hold), RJF is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


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