A Preview Of Piper Jaffray's Q2 Earnings

On Friday, July 26, Piper Jaffray PJC will release its latest earnings report. Benzinga's outlook for Piper Jaffray is included in the following report.

Earnings and Revenue

Analysts covering Piper Jaffray modeled for quarterly EPS of $1.04 on revenue of $164.58 million.

Piper Jaffray EPS in the same period a year ago totaled 92 cents. Revenue was $173.92 million. If the company were to match the consensus estimate when it reports Friday, EPS would be up 13.04%. Sales would have fallen 5.37% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares of Piper Jaffray are up 0.3%. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Piper Jaffray stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Piper Jaffray is scheduled to hold a conference call at 9:00 a.m. ET and can be accessed here: http://www.piperjaffray.com/3col.aspx?id=129