Previous close | 13.70 |
Open | 14.00 |
Bid | 9.90 |
Ask | 13.90 |
Strike | 50.00 |
Expiry date | 2025-01-17 |
Day's range | 13.50 - 14.00 |
Contract range | N/A |
Volume | |
Open interest | N/A |
While the top- and bottom-line numbers for Jefferies (JEF) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Jefferies (JEF) delivered earnings and revenue surprises of 6.35% and 5.80%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -Jefferies Financial on Wednesday beat analysts' estimates for second-quarter profit as the bank earned higher fees from advising on deals as well as underwriting stock and bond sales. Its earnings, viewed as an early indicator of results at major investment banks such as Goldman Sachs and Morgan Stanley, underscore the strong recovery in the corporate dealmaking space. Jefferies' investment banking revenue in the second quarter ended May 31 soared 59% from a year earlier to $803.2 million, helped by a strong performance in its advisory as well as equity and debt underwriting businesses.