Jefferies (JEF) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Insights - Jefferies (JEF) is projected to announce quarterly earnings of $0.63 per share, reflecting a year-over-year increase of 117.2% [1] - Revenues are expected to reach $1.57 billion, marking a 50.9% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised 5.7% lower over the last 30 days, indicating a reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Net Revenues by Source- Total Asset Management Net revenues' at $145.20 million, a change of +147.7% year over year [5] - 'Net Revenues by Source- Total Capital Markets' is expected to reach $574.14 million, indicating a +5.8% change from the prior year [6] - 'Net Revenues by Source- Total Investment Banking' is projected to be $796.26 million, reflecting a +56.2% increase year over year [9] Specific Revenue Sources - 'Net Revenues by Source- Total Investment Banking- Total underwriting- Advisory' is estimated at $336.49 million, a +32.4% change from the previous year [8] - 'Net Revenues by Source- Total Investment Banking- Other investment banking' is expected to reach $58.81 million, indicating a significant increase of +239.2% year over year [8] - 'Net Revenues by Source- Total Investment Banking- Total underwriting-Debt underwriting' is projected at $193.64 million, reflecting a +115.4% change from the prior year [11] Market Performance - Jefferies shares have remained unchanged over the past month, contrasting with the Zacks S&P 500 composite's +3.2% movement [13] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [13]