Jefferies Financial Q3 Sales $1.68B Miss $1.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Jefferies Financial Group reported Q3 sales of $1.68 billion, missing the analyst consensus estimate of $1.71 billion by 1.52%. Despite the miss, sales increased by 42.39% compared to the same period last year.
September 25, 2024 | 8:16 pm
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Jefferies Financial Group's Q3 sales of $1.68 billion missed the consensus estimate of $1.71 billion by 1.52%, but showed a significant year-over-year increase of 42.39%.
The slight miss in sales estimates may cause a neutral short-term impact on JEF's stock price, as the significant year-over-year growth could offset the negative sentiment from missing estimates.
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RELEVANCE 100