Jefferies Financial Group Inc. (JEF) is considering expanding its presence in Brazil by launching a brokerage business in the country. The company, which launched its first office in Brazil last year, is planning to increase staff amid the ongoing expansion plan. In an interview with Bloomberg, Alejandro Guevara, senior country officer for Brazil at Jefferies, stated "Our clients asked us to open an office in Brazil, and we are very happy with the presence we built here since April last year." The plan incl ...

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 ...

JHVEPhoto Jefferies Financial Group (NYSE:JEF) is a bank focused on investment banking and capital markets, which does not have any particular competitive advantage in the industry. This makes its business very exposed to market cycles, leading to volatile financial figures. Not surprisingly, its valuation is usually at a discount to peers and currently its shares don't seem to be undervalued. Business Profile Jefferies is a global diversified financial services company, being mainly focused on investment b ...

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