Jefferies: A Bargain As Fundamentals Improve
I rate Jefferies Financial Group a Buy at ~$55 due to improving operating efficiency and growing market position. The company's diverse revenue mix balances advisory fees with capital markets revenue, which will help it capture upside from the broader market recovery. Jefferies trades at an attractive valuation with a P/E of 18.8x and P/B of 1.2x, and offers a favorable dividend yield above its four-year average.
Why Is Jefferies (JEF) Down 4.5% Since Last Earnings Report?
Jefferies (JEF) reported earnings 30 days ago. What's next for the stock?
Jefferies Q4 Margins Disappoint, Analyst Sees It As Top Market Rebound Bet
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.
JEF Q4 Earnings & Revenues Beat as IB Business Rebounds, Expenses Up
A solid resurgence in the IB business and higher capital markets revenues support Jefferies' fiscal Q4 earnings. However, rising expenses are a headwind.
Jefferies' profit surges on bumper investment banking performance
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.
Here's What Key Metrics Tell Us About Jefferies (JEF) Q4 Earnings
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) Q4 Earnings and Revenues Top Estimates
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' 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.
