JEF's Q1 Earnings Meet Estimates, Revenues Up on Solid IB Performance

Key Takeaways Jefferies' fiscal Q1 earnings met estimates as revenue rose 27% year over year to $2.02 billion.JEF's Investment Banking revenues hit a record as advisory and equity underwriting revenue increased.Jefferies repurchased 3 million shares and raised its total buyback authorization to $250 million.Jefferies Financial Group’s (JEF)  first-quarter fiscal 2026 (ended Feb. 28) adjusted earnings per share from continuing operations of 89 cents were in line with the Zacks Consensus Estimate. The bottom ...