Financial services firm Stifel Financial (NYSE: SF) will be announcing earnings results this Wednesday before the bell. Here’s what to look for.
Stifel beat analysts’ revenue expectations by 4.2% last quarter, reporting revenues of $1.28 billion, up 5.4% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates.
Is Stifel a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Stifel’s revenue to grow 9.2% year on year to $1.34 billion, slowing from the 17.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.89 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Stifel has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Stifel’s peers in the investment banking & brokerage segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Jefferies delivered year-on-year revenue growth of 21.6%, beating analysts’ expectations by 8.4%, and Morgan Stanley reported revenues up 18.5%, topping estimates by 9.2%. Jefferies traded down 1.9% following the results while Morgan Stanley was up 3%.
Read our full analysis of Jefferies’s results here and Morgan Stanley’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the investment banking & brokerage stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.9% on average over the last month. Stifel is down 2.1% during the same time and is heading into earnings with an average analyst price target of $128 (compared to the current share price of $112.15).
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