Jefferies Financial Gr Q2 EPS $0.05 Misses $0.27 Estimate, Sales $1.04B Inline
Portfolio Pulse from Benzinga Newsdesk
Jefferies Financial Gr (NYSE:JEF) reported Q2 earnings of $0.05 per share, missing the analyst consensus estimate of $0.27 by 81.48%. This is a 88.89% decrease from the same period last year. The company's quarterly sales of $1.04 billion met the analyst consensus estimate, marking a 24.21% decrease from the same period last year.
June 27, 2023 | 8:16 pm
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NEGATIVE IMPACT
Jefferies Financial Gr's Q2 earnings significantly missed analyst estimates, and both earnings and sales decreased compared to the same period last year.
Jefferies Financial Gr's earnings missed analyst estimates by a significant margin, and both earnings and sales have decreased compared to the same period last year. This could negatively impact investor sentiment and the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100