Jefferies shares fell 7.9% on Wednesday after disclosing exposure to bankrupt First Brands, with investors reassessing related trade-finance and CLO links.
Jefferies Financial Group (NYSE:JEF) shares came under pressure after it was revealed that the firm has significant exposure to the bankrupt auto parts supplier First Brands, with estimates of potential losses around $161 million. The investment bank's exposure is primarily through its Leucadia Asset Management fund, Point Bonita Capital, which holds approximately $113 million in receivables tied to First Brands.
Jefferies' Q3 EPS of $1.05 beats estimates on strong IB and asset management results, but shares fell 3.6% as expenses rose.
Although the revenue and EPS for Jefferies (JEF) give a sense of how its business performed in the quarter ended August 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Jefferies (JEF) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.75 per share a year ago.
Can Jefferies' mid-market strength and partnerships outgrow Morgan Stanley's business diversification efforts and steadier returns? Let's find out.
Jefferies (JEF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Jefferies (JEF) reported earnings 30 days ago. What's next for the stock?
Upgrading Jefferies from 'hold' to 'buy' due to a more attractive valuation and resilient outlook despite recent volatility. Q2 results showed YoY revenue declines, but segment performance exceeded expectations given macro uncertainty, especially with client confidence rebounding in May. Management was optimistic with regard to the deal activity outlook and set the tone in anticipation of bulge bracket investment banks' earnings.
Jefferies posts second-quarter fiscal 2025 earnings in line with estimates, but a drop in IB revenues and rising expenses drag shares down 2.5%.
While the top- and bottom-line numbers for Jefferies (JEF) give a sense of how the business performed in the quarter ended May 2025, 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 $0.43 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.67 per share a year ago.