Jefferies Financial Group (NYSE:JEF) Announces Earnings Results, Beats Expectations By $0.17 EPS

Jefferies Financial Group (NYSE:JEF) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.17, reports. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.01 billion. The company’s revenue was up 20.9% compared to the same quarter last year.

Jefferies Financial Group stock opened at $21.42 on Friday. The stock has a market capitalization of $6.38 billion, a PE ratio of 26.44 and a beta of 1.40. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.37 and a current ratio of 1.37. Jefferies Financial Group has a one year low of $16.20 and a one year high of $25.07. The firm’s fifty day moving average price is $18.53.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Monday, August 19th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Friday, August 16th. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 61.73%.

JEF has been the subject of a number of research reports. ValuEngine upgraded Jefferies Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. Zacks Investment Research upgraded Jefferies Financial Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st.

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.

See Also: Earnings Reports

Earnings History for Jefferies Financial Group (NYSE:JEF)

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