Here's our initial take on Jefferies Financial Group's (JEF 1.05%) fiscal second-quarter financial report.Key MetricsMetricQ2 FY 2024Q2 FY 2025Changevs. ExpectationsTotal revenue$1.66 billion$1.63 billion-1%BeatAdjusted earnings per share$0.64$0.40-38%MissedInvestment banking revenue$787.4 million$766.3 million-3%n/aCapital markets revenue$707.1 million$704.2 million0%n/aWall Street Turbulence Weighs on JefferiesJefferies didn't have very high expectations coming into Q2, but the company still wasn't able t ...