Jefferies Financial Q2 2024 Adj EPS $0.60 Misses $0.71 Estimate
Portfolio Pulse from Benzinga Newsdesk
Jefferies Financial (NYSE:JEF) reported Q2 2024 adjusted earnings per share (EPS) of $0.60, missing the analyst consensus estimate of $0.71 by 15.49%.
June 26, 2024 | 8:27 pm
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Jefferies Financial reported Q2 2024 adjusted EPS of $0.60, missing the analyst consensus estimate of $0.71 by 15.49%. This miss could lead to a short-term negative impact on the stock price as it indicates weaker-than-expected financial performance.
The significant miss on EPS suggests that Jefferies Financial's financial performance was weaker than expected, which is likely to result in a negative reaction from investors and a short-term decline in the stock price.
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