Raymond James Earnings, FTAI Lands $1.465B Turbine Order

Raymond James Financial posted fiscal third-quarter results after the close Tuesday, adding to a busy afternoon of bank earnings. The firm did not disclose specific figures in the brief release. Raymond James shares have traded near the low end of their 52-week range, and the stock carries a mixed Alpha Score of 39 out of 100, reflecting neutral sentiment in the financial-services sector.

Separately, FTAI Aviation announced a $1.465 billion order for gas turbine generator sets through J&F Power Systems. The deal, disclosed before the bell, marks a significant expansion of FTAI's aftermarket engine business. The company's Alpha Score stands at 50, also mixed. FTAI shares rose on the news. The order books for the sets run through 2027, the company said.