Stifel Financial Q2 Adj EPS $1.20 Misses $1.33 Estimate, Sales $1.05B Miss $1.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Stifel Financial (NYSE:SF) reported Q2 adjusted earnings of $1.20 per share, missing the analyst consensus estimate of $1.33 by 9.77%. This is a 14.29% decrease from the same period last year. The company also reported quarterly sales of $1.05 billion, missing the analyst consensus estimate of $1.07 billion by 1.78%, a 5.14% decrease from the same period last year.
July 26, 2023 | 11:02 am
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Stifel Financial's Q2 earnings and sales missed estimates, with a YoY decrease in both earnings per share and sales. This could potentially impact the company's stock negatively in the short term.
Stifel Financial's Q2 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This, combined with the YoY decrease in both earnings per share and sales, could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100