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Stock impact report

Jefferies Financial Group Announces First Quarter 2021 Financial Results

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Business Wire
All-Time Record Quarterly Results at Jefferies Group NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced its financial results for the three months ended February 28, 2021. In addition, the Jefferies Board of Directors declared a quarterly cash dividend equal to $0.20 per Jefferies common share payable on May 28, 2021 to record holders of Jefferies common shares on May 17, 2021. We expect to file our Form 10-Q on or about April 8, 2021.Highlights for the three months ended February 28, 2021:Jefferies Group LLCRecord quarterly net revenues of $2,129 million, up 82% over the prior year first quarter's then all-time record quarterly net revenuesRecord pre-tax income of $671 million, up 185% over the prior year quarter and further demonstrating the operating leverage inherent in our business modelRecord net earnings of $494 million, up 188% over the prior year quarterAnnualized return on tangible equity of 43.5%1, compared with 16.1%2 in the prior year Show less Read more
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