Workflow
JEF Q4 Earnings & Revenues Beat as IB Business Rebounds, Expenses Up
JEFJefferies(JEF) ZACKS·2025-01-09 23:01

Jefferies Financial Group’s (JEF) fourth-quarter fiscal 2024 (ended Nov. 30) adjusted earnings from continuing operations of $1.05 per share surpassed the Zacks Consensus Estimate of 98 cents. The bottom line compared favorably with the prior-year quarter’s 30 cents.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from solid improvement in investment banking (IB) business and higher capital markets revenues. The performance of the reportable segments was also strong. How ...