Stifel Financial Corp. (SF) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $234.69 million, or $2.09 per share. This compares with $153.16 million, or $1.38 per share, last year.
Excluding items, Stifel Financial Corp. reported adjusted earnings of $249.71 million or $2.23 per share for the period.
Analysts on average had expected the company to earn $1.98 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 19.0% to $1.364 billion from $1.146 billion last year.
Stifel Financial Corp. earnings at a glance (GAAP) :
-Earnings: $234.69 Mln. vs. $153.16 Mln. last year.
-EPS: $2.09 vs. $1.38 last year.
-Revenue: $1.364 Bln vs. $1.146 Bln last year.
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