JEF Stock Recent News

NEW YORK--(BUSINESS WIRE)--M Science, the pioneer in data-driven research and analytics, has hired Cindy Floyd as Global Head of Sales and Robert Mohan as Head of Account Services to strengthen its distribution and client service capabilities and expand upon its industry leadership position. As Global Head of Sales, Floyd will be responsible for all sales functions and marketing initiatives for the company. Floyd brings vast leadership experience, having spent 12 years at Gerson Lehrman Group,.

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--As previously announced, Jefferies will hold a Doing Good Global Trading Day today, January 16, 2025, to support organizations providing aid for first responders and those impacted by the fires. Jefferies will donate 100% of net global commissions on January 16 for all trading in equities and fixed income by the Firm's clients. Jefferies will also make a $1 million donation and encourage its nearly 6,000 employees to personally support relief effo.

A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation concerns took center stage. Most sectors struggled, including financials.

Jefferies Financial Group Inc JEF delivered mixed fourth-quarter results after Wednesday's closing bell, with earnings falling short of expectations but analysts highlighting the company's strong position to benefit from a capital markets recovery.

A solid resurgence in the IB business and higher capital markets revenues support Jefferies' fiscal Q4 earnings. However, rising expenses are a headwind.

Jefferies Group (NYSE:JEF) has reported a spike in fourth quarter profit thanks to a bumper performance in its retail banking division. Pre-tax earnings more than tripled to US$304.9 million over the quarter, as net revenue jumped 63% to US$1.96 billion, Jefferies reported on Wednesday.

The headline numbers for Jefferies (JEF) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Jefferies (JEF) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.30 per share a year ago.

Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday.

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF): Q4 Financial Highlights $ in thousands, except per share amounts Quarter End   Year-to-Date     4Q24     4Q23       2024     2023   Net earnings attributable to common shareholders $ 205,746   $ 65,639     $ 669,273   $ 263,072   Diluted earnings per common share from continuing operations $ 0.91   $ 0.29     $ 2.96   $ 1.10   Return on adjusted tangible shareholders' equity from continuing operations1   12.7 %   4.1 %     1.