Raymond James Financial, Inc. · RJF · Next earnings

Raymond James Financial, Inc. reports Wednesday, Oct 28, 2026

RJF reports after market close with consensus EPS at $3.39 and revenue at $4.23B. Last quarter: Raymond James Q3 2026: Record Revenue, AI Rollout, Clark Capital Close

Reports After market close38 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $3.39 Calendar consensus
Consensus revenue $4.23B Calendar consensus
Report date Oct 28, 2026 Wednesday, date estimated
Session After market close 38 days away

Where RJF left off: FY2026 Q3

Full report

Raymond James Q3 2026: Record Revenue, AI Rollout, Clark Capital Close

EPS surprise +7.2% Reported $3.14 vs $2.93
Revenue surprise +1.5% Reported $3.93B vs $3.87B
Stock move -1.1% Event window
Subsequent drift +4.8% Up to 20 sessions

Management maintained its guidance stance, consistent with the prior quarter's maintained posture. The capex outlook was raised from stable to increasing, reflecting continued commitment to $1.1 billion in annual technology spend and further AI investment. Management expressed confidence in sustaining momentum into Q4 but did not disclose a specific fourth-quarter revenue or earnings target in the supplied analysis.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Ongoing cash-sweep class-action litigation increasing legal expenses.
  • Integration risk from recent acquisitions (Clark Capital, GreensLedge).
  • Potential slowdown in investment-banking activity and related fee revenue.
  • Interest-rate volatility affecting net interest margin and funding costs.

Questions analysts left open

  • When and how investment-banking volumes will normalize.
  • Margin pressure from acquisition-related expenses and legal costs.
  • Quantifying AI-driven productivity gains and expense offsets.
  • Future net interest margin trajectory given deposit mix and rate environment.

Ask FN2 about RJF next report

Transcript, numbers and history already loaded
What should I watch for in RJF's next earnings report?How did RJF guide last quarter, and is consensus above or below that?Give me the bull and bear case going into RJF earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the RJF recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent RJF quarters

All RJF earnings
-1.1%FY2026 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.