Here's What Key Metrics Tell Us About Jefferies (JEF) Q4 Earnings

Core Insights - Jefferies (JEF) reported a revenue of $1.96 billion for the quarter ended November 2024, marking a year-over-year increase of 63.4% and exceeding the Zacks Consensus Estimate by 6.55% [1] - The earnings per share (EPS) for the same period was $1.05, compared to $0.30 a year ago, representing a surprise of 7.14% over the consensus estimate of $0.98 [1] Financial Performance Metrics - Total Asset Management net revenues reached $314.75 million, significantly surpassing the average estimate of $148.25 million, with a year-over-year change of 123.8% [4] - Total Investment Banking and Capital Markets net revenues were $1.64 billion, slightly below the average estimate of $1.69 billion, but still reflecting a year-over-year increase of 54.9% [4] - Total Capital Markets revenues amounted to $651.69 million, exceeding the average estimate of $580.35 million, with a year-over-year change of 35.4% [4] - Total Investment Banking revenues were reported at $986.82 million, compared to the average estimate of $1.11 billion, showing a year-over-year increase of 71.1% [4] Segment Performance - In the Capital Markets segment, Equities revenues were $410.77 million, surpassing the average estimate of $355.08 million, with a year-over-year increase of 51.3% [4] - Fixed Income revenues reached $240.92 million, exceeding the average estimate of $225.27 million, reflecting a year-over-year change of 14.9% [4] - In the Investment Banking segment, Advisory revenues were $596.71 million, compared to the average estimate of $623.64 million, showing a year-over-year increase of 91.1% [4] - Other Investment Banking revenues skyrocketed to $27.44 million, compared to the average estimate of $49.61 million, with a remarkable year-over-year increase of 865.6% [4]