Jefferies Financial Gr Earnings Preview
Portfolio Pulse from Benzinga Insights
Jefferies Financial Gr (NYSE:JEF) is expected to release its quarterly earnings report on January 8, 2024, with an estimated EPS of $0.36. Investors are looking for an earnings beat and positive guidance for future growth. Historically, JEF's stock price has reacted positively to earnings reports, even when EPS missed estimates. Shares are currently trading at $39.59, up 9.75% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
January 05, 2024 | 2:00 pm
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POSITIVE IMPACT
Jefferies Financial Gr is anticipated to report quarterly earnings with an EPS estimate of $0.36. Historical data shows positive stock movement post-earnings, even after an EPS miss. Shares have risen 9.75% over the past year, suggesting a positive outlook from investors.
Given JEF's history of positive stock performance following earnings reports, even after an EPS miss, and the current year-to-date increase of 9.75%, there is a bullish sentiment that could lead to a short-term price increase if the company meets or exceeds the EPS estimate and provides favorable future guidance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100