Stifel Financial (SF) Tops Q2 EPS by 35c

Stifel Financial (NYSE: SF) reported Q2 EPS of $1.70, $0.35 better than the analyst estimate of $1.35. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.06 billion.

Ronald J. Kruszewski, Chairman and Chief Executive Officer, said “Our results in the first half of 2021 are impressive. We generated consecutive quarters of record net revenue and our improved operating scale drove record non-GAAP earnings for both the quarter and the first half of the year. With both of the firm’s operating segments driving our performance, I am optimistic that these results can be sustained, as illustrated by our increased guidance for the remainder of the year.”

For earnings history and earnings-related data on Stifel Financial (SF) click here.

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