earnings
confidence high
sentiment neutral
materiality 0.75
Jefferies Q4 net earnings $140M (EPS $0.57); FY22 revenue $5.98B, down 25% YoY; buyback authorized $250M
Jefferies Financial Group Inc.
2022-FY EPS reported
$3.06
revenue$7,149,263,000
- Q4 net earnings to common shareholders $140M; diluted EPS $0.57 vs $1.20 year-ago; net revenues $1.44B down 18% YoY.
- FY2022 net earnings $777M ($3.06 diluted EPS); adjusted EPS $3.37 (ex $80M settlement); revenue $5.98B down 25% YoY.
- Repurchased 25.6M shares ($859.6M) in FY22; board increased share buyback authorization to $250M remaining.
- Quarterly dividend $0.30/sh; payable Feb 24, 2023; completed merger with Jefferies Group LLC on Nov 1, 2022.
- Spinning off Vitesse Energy to shareholders; estimated equity value >$500M; IB revenues second-best year ever.