Jefferies Financial Group Inc JEF.N reported quarterly adjusted earnings of 57 cents per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of five analysts for the quarter was for earnings of 94 cents per share. Wall Street expected results to range from 80 cents to $1.20 per share.
Revenue fell 8.4% to $1.59 billion from a year ago; analysts expected $1.86 billion.
Jefferies Financial Group Inc's reported EPS for the quarter was 57 cents.
The company reported quarterly net income of $127.79 million.
Jefferies Financial Group Inc shares had fallen by 21.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"
Wall Street's median 12-month price target for Jefferies Financial Group Inc is $81.00
This summary was machine generated from LSEG data March 26 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Feb. 28 2025 | 0.94 | 0.57 | Missed |
Nov. 30 2024 | 0.91 | 0.93 | Beat |
Aug. 31 2024 | 0.78 | 0.75 | Missed |
May. 31 2024 | 0.63 | 0.64 | Beat |