Jefferies(US:JEF) ZACKS·2025-09-24 14:15Core Viewpoint - Jefferies (JEF) is expected to report quarterly earnings of $0.79 per share, a 5.3% increase year-over-year, with revenues projected at $1.89 billion, reflecting a 12.4% year-over-year growth [1]. Earnings Projections - The consensus EPS estimate has been revised 21.1% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Net Revenues by Source- Total Asset Management Net revenues' to reach $158.61 million, a significant increase of 168.8% from the previous year [5]. - 'Net Revenues by Source- Total Investment Banking and Capital Markets Net revenues' is projected at $1.73 billion, indicating a 6.9% increase year-over-year [5]. - 'Net Revenues by Source- Total Capital Markets' is expected to be $709.12 million, reflecting a 5.7% increase from the prior year [6]. - 'Net Revenues by Source- Total Capital Markets- Equities' is forecasted at $422.83 million, showing a 10.9% year-over-year growth [6]. - 'Net Revenues by Source- Total Capital Markets- Fixed income' is estimated at $286.29 million, suggesting a 1% decline year-over-year [7]. - 'Net Revenues by Source- Total Investment Banking- Total underwriting- Advisory' is projected to reach $662.11 million, indicating an 11.8% increase from the previous year [7]. - 'Net Revenues by Source- Total Investment Banking' is expected to be $1.02 billion, reflecting a 7.8% year-over-year increase [8]. Specific Revenue Breakdown - 'Net Revenues by Source- Total Investment Banking- Total underwriting- Debt underwriting' is estimated at $191.28 million, a 4.5% increase from the prior year [9]. - 'Net Revenues by Source- Total Investment Banking- Total underwriting- Equity underwriting' is projected at $172.46 million, indicating a 14.9% year-over-year growth [9]. - 'Net Revenues by Source- Total Investment Banking- Total underwriting' is expected to reach $363.75 million, reflecting a 9.2% increase from the previous year [10]. - 'Net Revenues by Source- Total Asset Management Net revenues- Asset management fees and revenues' is projected at $15.26 million, indicating a 15% increase year-over-year [10]. Market Performance - Over the past month, Jefferies shares have returned +6.4%, outperforming the Zacks S&P 500 composite's +3.1% change, suggesting a favorable outlook for the stock [11].