Jefferies FinancialNYSE: JEF

Jefferies has been on a tear since Berkshire bought in. A closer look reveals there are still legs to the rally. This month's investor meeting is a potential upside catalyst.

Quarterly earnings are very important for a stock's valuation, so a miss can be cause for concern.

Although the revenue and EPS for Jefferies (JEF) give a sense of how its business performed in the quarter ended August 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Jefferies (JEF) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.32 per share a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Jefferies (JEF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended August 2024.

Does Jefferies (JEF) have what it takes to be a top stock pick for momentum investors? Let's find out.

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) will host its annual Investor Meeting on Tuesday, October 15, 2024, at 9:00 a.m. in Manhattan. The meeting will include management presentations regarding Jefferies' major businesses, as well as an opportunity to present questions to management. Registration details to be announced. About Jefferies Financial Group Inc. Jefferies is a leading global, full-service investment banking and capital markets firm that p.

Jefferies (JEF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The resurgence of IB business and solid trading performance support Jefferies' (JEF) fiscal Q2 results, leading to higher net revenues. A rise in operating expenses acts as an undermining factor.