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-0.000271886895051604 0.000543773790103402 0.000271886895051604 0 -0.00271886895051662 -0.00870038064165308 -0.0103317020119631 -0.000271886895051604
Stock impact report

WeWork Hits Jefferies Financial Group Hard [The Motley Fool]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: The Motley Fool
WeWork Hits Jefferies Financial Group Hard Investors have to know what exposure their companies have to certain unexpected events, even if it's well beyond the core business on which a given company focuses the bulk of its attention. For Jefferies Financial Group ( NYSE:JEF rise and fall with market sentiment Coming into Jefferies Group's fiscal third-quarter financial report on Sept. , few investors foresaw anything that would disrupt a fairly benign environment for financial markets overall. However, Jefferies' writedown of its investment in WeWork parent The We Company We didn't work for Jefferies Jefferies Financial Group's fiscal third-quarter financial results didn't live up to expectations. Net revenue fell more than % to $8.8 million, which was far worse than the $.07 billion in revenue that most of those following the stock had hoped to see. Net income was down almost 7% to $8. million, and the resulting earnings of $0. per share fell far short of the consensus forecast among Show less Read more
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