Quarterly earnings are very important for a stock's valuation, so a miss can be cause for concern. While Warren Buffett's Berkshire Hathaway certainly takes outsize positions in stocks (Apple, for example), the massive conglomerate has a diverse equities portfolio worth north of $310 billion. It includes varied positions in 45 different stocks ranging from traditional to exchange-traded funds (ETFs). One of Berkshire's smaller positions (less than one-tenth of 1% of the overall portfolio) is the investment ...

Shares of Jefferies Financial Group (JEF) lost 1.1% in after-hours trading in response to lower-than-expected third-quarter fiscal 2024 (ended Aug. 31) results. Adjusted earnings of 75 cents per share lagged the Zacks Consensus Estimate of 80 cents. In the prior-year quarter, the company recorded adjusted earnings of 32 cents. Results were hurt by higher expenses. However, an improvement in net revenues driven by a solid rebound in the investment banking (IB) business acted as a tailwind. The performance of ...

For the quarter ended August 2024, Jefferies (JEF) reported revenue of $1.68 billion, up 42.4% over the same period last year. EPS came in at $0.75, compared to $0.32 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of -2.25%. The company delivered an EPS surprise of -6.25%, with the consensus EPS estimate being $0.80. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Jefferies (JEF) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this investment banking and capital markets company would post earnings of $0.63 per share when it actually produced earnings of $0.67, delivering a surprise of 6.35%. Over the ...

Jefferies For Immediate Release Jefferies Financial Group Inc. (NYSE: JEF) September 25, 2024 FOR MORE INFORMATION Jonathan Freedman 212.778.8913 Jefferies Announces Third Quarter 2024 Financial Results Q3 Financial Highlights • Net earnings attributable to common shareholders of $167 million, or $0.75 per diluted common share • Pre-tax income from continuing operations of $253 million • QTD and YTD annualized adjusted net earnings to shareholders on adjusted tangible shareholders' equity from continuing op ...

Wall Street analysts expect Jefferies (JEF) to post quarterly earnings of $0.80 per share in its upcoming report, which indicates a year-over-year increase of 150%. Revenues are expected to be $1.72 billion, up 45.2% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its earnings, it is vital to take in ...

Investors are always looking for stocks that are poised to beat at earnings season and Jefferies Financial Group Inc. (JEF) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Jefferies Financial is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possib ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Jefferies (JEF) reports results for the quarter ended August 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 25. ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Jefferies (JEF) . This company, which is in the Zacks Financial - Miscellaneous Services industry, shows potential for another earnings beat. This investment banking and capital markets company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for th ...