Jefferies' profit jumps on investment banking windfall
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.
Jefferies Announces Fourth Quarter 2024 Financial Results
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.
IB & Trading to Aid Jefferies' Q4 Earnings, High Costs to Hurt
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.
Jefferies (JEF) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
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.
Jefferies (JEF) Reports Next Week: Wall Street Expects Earnings Growth
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.
Jefferies Financial Group: I Keep Buying This Expensive Stock
Jefferies Financial's stock is experiencing a strong medium-term upward trend. It is outperforming among its peers and also the SP400 to which it belongs. The stock closes the year near its all-time highs, indicating strong buying interest.
Jefferies to Release its Fourth-Quarter and Annual 2024 Financial Results on January 8, 2025
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced it will release its fourth-quarter and annual 2024 financial results on Wednesday, January 8, 2025 after market close. About Jefferies Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investo.
Jefferies Shares Hit All-Time High: Will the Uptrend Continue in 2025?
JEF stock touches an all-time high of $82.04. Read on to know the driving factors and whether the stock is worth betting on for 2025.
Jefferies: A Warren Buffett Stock With Runway
Jefferies has been on a tear since Berkshire bought in. A closer look reveals there are still legs to the rally. This month's investor meeting is a potential upside catalyst.
This Warren Buffett Stock Just Came Up Short on Earnings. Should Investors Be Worried?
Quarterly earnings are very important for a stock's valuation, so a miss can be cause for concern.
Jefferies to Host Investor Day on October 21, 2024
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' Q3 Earnings & Revenues Miss Estimates, Stock Slides 1.1%
A rise in non-interest expenses hurt JEF's fiscal Q3 earnings. On the other hand, solid IB business performance offers support.
