Stifel Financial Corp reports results for the quarter ended June 30 - Earnings Summary

• Stifel Financial Corp SF.N reported quarterly adjusted earnings of $1.71​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.60. The mean expectation of seven analysts for the quarter was for earnings of $1.61 per share. Wall Street expected results to range from $1.55 to $1.65 per share.

• Revenue rose 5.4% to $1.28 billion from a year ago; analysts expected $1.24 billion.

• Stifel Financial Corp's reported EPS for the quarter was $1.34​.

• The company reported quarterly net income of $145.73 million.

• Stifel Financial Corp shares had risen by 6.1% this quarter and gained 3.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.1% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

• Wall Street's median 12-month price target for Stifel Financial Corp is $117.50, about 6.3% above its last closing price of $110.09

This summary was machine generated from LSEG data July 30 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)