Group 1 - Westlake (WLK) has been added to the Zacks Rank 5 (Strong Sell) List, with a 60.6% downward revision in the consensus estimate for its current year earnings over the last 60 days [1] - TXO Partners LP (TXO) is also on the Zacks Rank 5 (Strong Sell) List, experiencing a nearly 29.7% downward revision in the consensus estimate for its current year earnings over the last 60 days [2] - Jefferies Financial Group (JEF) has seen a 19.6% downward revision in the consensus estimate for its current year earnings over the last 60 days, placing it on the Zacks Rank 5 (Strong Sell) List [3]

Core Insights - Major international financial institutions are expressing concerns about the risks facing U.S. assets and are shifting their focus towards markets in China, the Middle East, India, and Europe [1] Group 1: U.S. Asset Risks - Bridgewater's CIOs indicate that U.S. assets are facing significant risks due to the "America First" policy, which may lead to a slowdown in economic growth and an increased likelihood of recession [2] - Deutsche Bank highlights that the U.S. dollar is entering a downward cycle due to multiple factors, including a decline in global willingness to finance the U.S. "twin deficits," which have risen above 4% of GDP [3] - Jefferies' global equity strategist states that the peak period for the U.S. stock market has passed, and investors should prepare for further declines in U.S. stocks, bonds, and the dollar [4] Group 2: Market Shifts - Bridgewater notes that the influx of capital that previously boosted asset prices is now at risk, indicating a potential shift in investment strategies [2] - Deutsche Bank's report suggests that international funds are showing signs of reducing their holdings in U.S. assets, leading to a weakened demand for the dollar [3] - Jefferies recommends that investors consider increasing their holdings in Chinese, Indian, and European assets to rebalance their portfolios in light of the U.S. decline [4]

Core Viewpoint - The recent volatility in the U.S. stock market is primarily driven by President Trump's inconsistent stance on tariffs, leaving many investors uncertain [1] Group 1: Market Analysis - The S&P 500 index must break the 5500 level to recover half of the 19% decline since February's historical high [1] - The index has rebounded to 5376 points after nearly falling into a bear market below 5000 points, with a need for just over a 2% increase to surpass 5500 [2] - A breakthrough at 5500 could shift trading strategies from "selling on highs" to "buying on lows" [2] Group 2: Resistance and Support Levels - The likelihood of breaking resistance increases with the number of tests; a successful breach could lead to a rebound towards 5800 to 6000 points [4] - For traders assessing potential downside, 4800 points is a critical observation level, which is over 3.5% lower than the April low [5] - There is speculation that the market could test lower levels, potentially reaching 4500 points, with some analysts suggesting a deeper test down to 4300 points [5] Group 3: Market Breadth Indicators - The percentage of S&P 500 stocks trading above their 200-day moving average has improved to 31%, up from less than 20% in early April, indicating a more sustainable trend [6] - Market participants are looking for this percentage to approach 50% to confirm bullish sentiment [7] - The Relative Strength Index (RSI) dropped below 30 in early April, indicating overselling, but has not yet reached overbought levels during the subsequent rebound [7]

Core Viewpoint - The technology sector remains in an unstable state despite the U.S. postponing tariffs, with ongoing uncertainty affecting corporate decision-making [1] Group 1: Tariff Impact - The Trump administration's exemptions on certain technology product tariffs have not stabilized the industry [1] - Tariffs are still higher than at the beginning of the year, contributing to persistent uncertainty [1] Group 2: Corporate Decision-Making - The decision-making processes of companies are unlikely to return to normal due to the prevailing uncertainties [1] - There is insufficient valuation support for investors to overlook macroeconomic noise as stock prices approach typical valuation ranges [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended February 28, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-05721 Jefferies Financial Group Inc. (Exact name of registrant as specified in its charter) | New York 13-2615557 | | --- | | (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) | | 520 Madison Avenue, New York, N ...

Cannot view this video? Visit: https://www.youtube.com/watch?v=QNNFXMGKGKo To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246719 Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 47 offices around the world, we offer insights and expertise to investors, companies, and governments. Founded in 1962, Jefferies st ...

Core Viewpoint - Jefferies Financial Group reported lower-than-expected quarterly results for Q1 fiscal 2025, leading to a 4.6% decline in shares during after-market hours [1][2]. Financial Performance - Adjusted earnings from continuing operations were 68 cents per share, missing the Zacks Consensus Estimate of 88 cents and down from 78 cents in the prior-year quarter [1][2]. - Net income attributable to common shareholders was $127.8 million, a decrease from $149.6 million in the prior-year quarter [2]. - Quarterly net revenues were $1.59 billion, down 8.4% year over year, and also below the Zacks Consensus Estimate of $1.84 billion [3]. - Total non-interest expenses were $1.44 billion, declining 5% from the prior-year quarter, attributed to a decrease in most cost components [3]. Segment Performance - Investment Banking and Capital Markets net revenues were $1.40 billion, falling 3.6% from the prior-year quarter due to lower equity underwriting and fixed-income performance [5]. - Asset Management net revenues were $191.7 million, down 29.9% from the year-ago quarter [5]. Book Value - As of February 28, 2025, book value per common share was $49.48, up from $46.13 as of February 29, 2024 [4]. - Adjusted tangible book value per fully diluted share increased to $32.57 from $30.89 [4]. Dividend Announcement - Jefferies announced a quarterly cash dividend of 40 cents per share, payable on May 29, 2025, to shareholders as of May 19 [6].

For the quarter ended February 2025, Jefferies (JEF) reported revenue of $1.59 billion, down 8.4% over the same period last year. EPS came in at $0.60, compared to $0.87 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.84 billion, representing a surprise of -13.66%. The company delivered an EPS surprise of -31.82%, with the consensus EPS estimate being $0.88.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Jefferies (JEF) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -31.82%. A quarter ago, it was expected that this investment banking and capital markets company would post earnings of $0.98 per share when it actually produced earnings of $1.05, delivering a surprise of 7.14%.Over the ...

Core Insights - Jefferies Financial Group reported fiscal Q1 2025 results that significantly missed analyst expectations, with diluted EPS at $0.57 compared to the consensus estimate of $0.94 and total net revenues of $1.59 billion, falling short by $270 million [2][3] Financial Performance - The diluted EPS decreased by 17.4% year-over-year from $0.69 in fiscal Q1 2024 [3] - Total net revenues dropped by 8.4% from $1.74 billion in the previous year [3] - Net earnings attributable to common shareholders were $127.8 million, down 14.6% from $149.6 million in the prior year [3] - Return on adjusted tangible shareholders' equity fell to 8.0%, a decline of 180 basis points from 9.8% [3] Business Segments - The investment banking segment experienced a 7% year-over-year revenue increase to $700.7 million, driven by a 17% growth in advisory services [6] - The capital markets division saw a 4% decline in net revenues to $698.3 million, primarily due to decreased fixed-income activities [6] - Revenue from the asset management segment decreased significantly to $191.7 million from $273.4 million in the prior-year period, attributed to unfavorable market conditions [7] Tax and Dividends - A notable one-time factor was a reduction in the effective tax rate to 9.4% from 25.4% a year earlier, due to partial resolutions of state and local tax matters [8] - Jefferies declared a cash dividend of $0.40 per share for the quarter, an increase of $0.05 from the previous quarter, reflecting a commitment to shareholder returns [8] Strategic Focus - Jefferies is focusing on enhancing its investment banking and capital markets operations by expanding its professional talent and global reach [4] - The company relies on strategic alliances, such as those with Massachusetts Mutual Life Insurance Company and SMBC Group, to strengthen its market presence [9] Future Outlook - Management did not provide specific short-term guidance but expressed optimism about long-term prospects, citing a promising pipeline in investment banking transactions [10] - Current dialogues and transaction backlogs indicate potential market share gains, contingent on improvements in market conditions [10] - Investors are advised to monitor the growth dynamics within the investment banking pipeline to assess future revenue prospects [11]