Jefferies Financial Group (NYSE:JEF) Releases Earnings Results, Beats Expectations By $0.39 EPS

Jefferies Financial Group (NYSE:JEF) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.39, reports. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the company posted ($0.06) earnings per share.

NYSE:JEF opened at $21.07 on Thursday. The firm’s fifty day moving average is $21.17 and its 200-day moving average is $19.84. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.43 and a current ratio of 1.43. Jefferies Financial Group has a 52 week low of $16.84 and a 52 week high of $21.79. The firm has a market cap of $6.33 billion, a P/E ratio of 26.01 and a beta of 1.49.

In other news, Chairman Joseph S. Steinberg sold 522,810 shares of the company’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $21.03, for a total value of $10,994,694.30. Following the sale, the chairman now directly owns 2,632,979 shares of the company’s stock, valued at approximately $55,371,548.37. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 10.00% of the company’s stock.

About Jefferies Financial Group

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

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Earnings History for Jefferies Financial Group (NYSE:JEF)

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