Jefferies Financial Gr Q3 Adj. EPS $0.23 Misses $0.33 Estimate, Sales $1.18B Miss $1.25B Estimate
Portfolio Pulse from Happy Mohamed
Jefferies Financial Gr (NYSE:JEF) reported Q3 earnings of $0.23 per share, missing the analyst consensus estimate of $0.33 by 30.3%. The company also reported quarterly sales of $1.18 billion, missing the estimate of $1.25 billion by 5.44%. This represents a 79.09% decrease in earnings and a 22.49% decrease in sales compared to the same period last year.

September 27, 2023 | 8:19 pm
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Jefferies Financial Gr's Q3 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
Jefferies Financial Gr's Q3 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100