Stifel Financial Q4 Adjusted EPS $1.50 Beats $1.31 Estimate, Sales $1.15B Beat $1.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Stifel Financial (NYSE:SF) reported Q4 adjusted EPS of $1.50, surpassing the $1.31 estimate by 14.5%, despite a 5.06% decrease from last year's $1.58 EPS. Sales reached $1.15B, exceeding the $1.07B estimate by 7.10% and marking a 2.14% increase from the previous year.
January 24, 2024 | 12:03 pm
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Stifel Financial's Q4 earnings and sales surpassed analyst estimates, indicating strong performance despite a slight decrease in EPS compared to last year.
Beating both earnings and sales estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. Although there was a slight decrease in EPS year-over-year, the overall beat on expectations is likely to be viewed positively.
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IMPORTANCE 85
RELEVANCE 100