JEF Stock Recent News

Even in the future, blue-chip stocks will be among the most reliable of all the available stocks. That's because they belong to businesses and companies with solid financials and growth potential.

Jefferies (JEF) Q2 results reflect a marked improvement in IB revenues. So, other banks - JPMorgan (JPM), Citigroup (C) and Bank of America (BAC) - will fare resoundingly well too.

The resurgence of IB business and solid trading performance support Jefferies' (JEF) fiscal Q2 results, leading to higher net revenues. A rise in operating expenses acts as an undermining factor.

Jefferies Financial Group Inc.'s stock touched an all-time high Thursday after the investment bank boosted its dividend by nearly 17% and said it expects a strong second half.

While the top- and bottom-line numbers for Jefferies (JEF) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Jefferies (JEF) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.29 per share a year ago.

Jefferies Financial's second-quarter profit jumped nearly twelve-fold as it earned higher fees from advising on deals as well as underwriting stock and bond sales, the bank said on Wednesday.

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF): Q2 Financial Highlights Net earnings attributable to common shareholders of $146 million, or $0.64 per diluted common share. Our pre-tax income for the quarter was $228 million Annualized return on adjusted tangible shareholders' equity1 of 9.2% Net revenues of $1.66 billion Investment Banking net revenues of $803 million Capital Markets net revenues of $691 million Asset Management net revenues (before allocated net interes.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Jefferies (JEF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended May 2024.

Jefferies (JEF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.