Jefferies: Overview of Fiscal Fourth Quarter Earnings

Jefferies Financial Group Announces Fourth Quarter Results

Jefferies Financial Group Inc., headquartered in New York, revealed on Wednesday that it earned $215 million during its fiscal fourth quarter.

The company reported earnings of 85 cents per share. When excluding amortization expenses and discontinued operations, adjusted earnings reached 96 cents per share.

During the quarter, the investment banking and capital markets firm generated $2.95 billion in total revenue, with adjusted revenue amounting to $2.07 billion.

For the full fiscal year, Jefferies posted a net income of $710.5 million, translating to $2.83 per share, while annual revenue totaled $7.34 billion.

This article was produced by Automated Insights using financial data provided by Zacks Investment Research.