JEF Stock Recent News

Jefferies (JEF) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Improvement in IB and trading business performance is likely to have aided JEF's fiscal Q4 earnings while rising expenses are expected to have hurt.

Melius Research upgraded American Airlines to Buy from Hold with a price target of $23, up from $18. TD Cowen and Jefferies also upgraded American this morning. The firm says that given its "constructive view" of the U.S. airline industry in 2025, American at current share levels is "appealing." Melius sees above-industry unit revenue growth for American and "additional optionality" in regaining lost corporate share. While concerns remain on the company's balance sheet, "idiosyncratic" margin improvement in 2025 will make the balance sheet issues "become much more fixable," contends Melius. Shares of American Airlines are up 5%, or 77c, to $17.74 in morning trading after three firms upgraded the name.

Beyond analysts' top -and-bottom-line estimates for Jefferies (JEF), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024.

Quarterly earnings are very important for a stock's valuation, so a miss can be cause for concern.

NEW YORK--(BUSINESS WIRE)--As previously announced, Jefferies Financial Group Inc. (NYSE: JEF) will host its annual Investor Day on Monday, October 21, 2024, at 9:00 a.m. in Manhattan. The meeting will include management presentations from Rich Handler, our Chief Executive Officer, Brian Friedman, our President, and leaders of our major businesses, as well as an opportunity to present questions to management. To register for the event, which will be hosted both in-person and virtually, investor.

Jefferies post robust Q3 IB fee growth. Let's try to figure out how other banks, including JPMorgan, Citigroup, Bank of America and Goldman, will likely perform.

A rise in non-interest expenses hurt JEF's fiscal Q3 earnings. On the other hand, solid IB business performance offers support.

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF): Q3 Financial Highlights Net earnings attributable to common shareholders of $167 million, or $0.75 per diluted common share Pre-tax income from continuing operations of $253 million QTD and YTD annualized adjusted net earnings to shareholders on adjusted tangible shareholders' equity from continuing operations1 of 10.3% and 10.0%, respectively Net revenues of $1.68 billion Investment Banking net revenues of $949 million, inc.

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 August 2024.