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Stock impact report

Jefferies Announces Second Quarter 2019 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
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE:JEF) today announced its financial results for the three and six month periods ended May 31, 2019.Highlights for the three months ended May 31, 2019:Net income attributable to Jefferies Financial Group common shareholders of $671 million, or $2.14 per diluted share, including the impact of a nonrecurring tax benefit of $545 million; adjusted net income of $126 million1, or $0.41 per diluted share1Jefferies Group (Investment Banking, Capital Markets and Asset Management) pre-tax income of $155 million and net earnings of $110 millionTotal Net Revenues of $902 millionInvestment Banking Net Revenues of $448 millionTotal Equities and Fixed Income Net Revenues of $379 millionAsset Management Revenues (before Allocated net interest2) of $53 millionMerchant Banking pre-tax income of $51 million, reflecting strong performance from National Beef and Vitesse, offset by mark-to-market unrealized decreases in the values of severa Show less Read more
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