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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 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 ...

Revenues Improve, Expenses Rise Results primarily benefited from an improvement in net revenues. The performance of the reportable segments was also strong. However, higher expenses hurt the results to some extent. Quarterly Segmental Performance Our View Net revenues were $1.66 billion, surging 60% year over year. The top line beat the Zacks Consensus Estimate of $1.56 billion. Asset Management: Net revenues were $156.5 million against the year-ago quarter's negative revenues of $30.9 million. Currently, J ...

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Net Revenues by Source- Total Asset Management Net revenues: $156.52 million compared to the $145.20 million average estimate based on two analysts. The reported number represents a change of +167% year over year. Net Revenues by Source- Asset Management- Other investments ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. Jefferies (JEF) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for nonrecurring items. Jefferies, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $1.66 billion for the quarter ended May 2024, surpassing the Zacks Consensus Estimat ...

For Immediate Release Jefferies Financial Group Inc. (NYSE: JEF) June 26, 2024 Jefferies Announces Second Quarter 2024 Financial Results Quarterly Dividend Increased 16.7% to $0.35 Per Common Share • Net earnings attributable to common shareholders of $146 million, or $0.64 per diluted common share. Our pre-tax income for the quarter was $228 million • Annualized return on adjusted tangible shareholders' equity of 9.2% • Net revenues of $1.66 billion Ø Investment Banking net revenues of $803 million Ø Capit ...

Analysts on Wall Street project that Jefferies (JEF) will announce quarterly earnings of $0.63 per share in its forthcoming report, representing an increase of 117.2% year over year. Revenues are projected to reach $1.57 billion, increasing 50.9% from the same quarter last year. The consensus EPS estimate for the quarter has been revised 5.7% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Jefferies (JEF) , which belongs to the Zacks Financial - Miscellaneous Services industry, could be a great candidate to consider. 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 the last two quarters was 14.93%. For th ...