JEF Stock Falls 3.6% Since Q3 Earnings Beat, IB Income Solid

Key Takeaways Jefferies reported adjusted Q3 EPS of $1.05, which beat the Zacks Consensus Estimate of 79 cents.Net revenues climbed 21.6% to $2.05 billion, led by investment banking and capital markets strength.Total non-interest expenses rose 19.9% to $1.72 billion, driven by increases across most cost components.Shares of Jefferies Financial Group (JEF) have declined 3.6% since the announcement of its quarterly results on Sept. 29. Its third-quarter fiscal 2025 (ended Aug. 31) adjusted earnings of $1.05 p ...