Jefferies' fiscal Q1 earnings meet estimates as record IB revenues and Equities strength help offset weaker Fixed Income and private credit woes.
The company disclosed losses of $17 million related to the collapse of two companies.
The headline numbers for Jefferies (JEF) give insight into how the company performed in the quarter ended February 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Jefferies (JEF) came out with quarterly earnings of $0.89 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.6 per share a year ago.
Pan American Silver Corp. (TSX:PAA, NASDAQ:PAAS)'s revised development plan for its La Colorada Skarn project represents a meaningful reduction in risk, while preserving the asset's long-term scale, according to Jefferies analysts who reiterated a “Hold” rating and $66 price target. They have a price target of $66 on the stock, which traded up 3% at about $51 shortly before Wednesday's closing bell.
JEF gains as takeover talk heats up, with SMFG eyeing a potential bid amid the firm's lower valuation and ongoing strategic partnership.
Stocks are pointing to a muted open Tuesday following a rally to open the week after President Trump said talks to end the Iran war are ongoing; Crude oil futures are rebounding as Iranian officials disputed Trump's claim, with missiles still being launched in the region early Tuesday; Jefferies stock is soaring amid reports of potential takeover interest; Tesla notched its first monthly sales gain in Europe in over a year in February; and GameStop's latest earnings report are due after the bell, in the latest test of investors' interest in meme stocks.
Jefferies Financial Group Inc. faces heightened scrutiny after private credit defaults, resulting in significant underperformance versus peers and a sharp valuation de-rating. Recent credit losses and litigation risks from First Brands Group and MFS have raised concerns about JEF's risk management and credit due diligence. Despite FY 2025 revenue growth, JEF's profitability declined due to rising costs, with an efficiency ratio of 89% and RoTE falling to 10.1%.
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 February 2026.
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.
Cinctive Capital Management LP trimmed its position in Jefferies Financial Group Inc. (NYSE: JEF) by 54.2% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,021 shares of the financial services provider's stock after selling 72,216 shares during the quarter. Cinctive Capital Management
JEF shares tumble after Western Alliance files a lawsuit over a $126.4M loan tied to bankrupt auto-parts distributor First Brands, alleging breach of contract and fraud.