{"schema_version":"secwatch.filing_event.v1","accession":"0000096223-23-000021","form_type":"8-K","ticker":"JEF","cik":"0000096223","company_name":"Jefferies Financial Group Inc.","filed_at":"2023-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.978182+00:00","generated_at":"2026-06-13T16:44:53.318029+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Jefferies Q2 net earnings $12M ($0.05 EPS) including $72M OpNet loss; revenue down 22% YoY","bullets":["Net earnings $12M ($0.05 diluted) includes $72M pre-tax OpNet loss; revenue $1.04B, down 22% YoY.","Investment Banking rev $510M (-26% YoY); Capital Markets rev $543M (+30% YoY).","Book value $41.90; tangible book $31.51; repurchased 2.2M shares for $67M; buyback auth renewed to $250M.","Quarterly dividend $0.30/share payable Aug 25, record Aug 14.","SMBC to increase economic interest to ~15% via open-market purchases; special meeting tomorrow for nonvoting shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000096223-23-000021","json":"https://secwatch.observer/filing/0000096223-23-000021.json","markdown":"https://secwatch.observer/filing/0000096223-23-000021.md","text":"https://secwatch.observer/filing/0000096223-23-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000021/0000096223-23-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000021/jef-20230627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T16:44:53.318029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"562bd74c879be238f7edf275614e0841c3569027","claim":"Jefferies Financial Group Inc. reported the six months ended May 31, 2023 results: revenue $2,321,102, net income $146,014, EPS $0.60.","evidence_excerpt":"(5)% $ 2,259,795 $ 2,567,539 (12)% Asset Management (22,384) 233,977 N/M 55,912 460,809 (88)% Other 7,490 (1,081) N/M 5,395 2,564 110% Net revenues 1,037,610 1,338,070 (22)% 2,321,102 3,030,912 (23)% Net earnings before income taxes 17,919 166,541 (89)% 175,937 558,873 (69)% Income tax expense 9,235 49,683 (81)% 37,929 114,040 (67)% Net earnings 8,684 116,858","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000021/0000096223-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended May 31, 2023"},{"label":"Revenue","value":"$2,321,102"},{"label":"Net income","value":"$146,014"},{"label":"EPS","value":"$0.60"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8693ae58776d739950b737ac305e8c1cf527ec1c","claim":"Jefferies Financial Group Inc. reported the quarter ended May 31, 2023 results: revenue $1.04 billion, net income $12 million, EPS $0.05 per diluted share.","evidence_excerpt":"of pre-tax losses related to OpNet (formerly Linkem), a legacy merchant banking investment • Annualized return on adjusted tangible equity 1 of 0.7% • Total net revenues of $1.04 billion, including $72 million of pre-tax losses related to OpNet Ø Investment Banking net revenues of $510 million Ø Capital Markets net revenues of $543 million • Repurchased 2.2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000021/0000096223-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended May 31, 2023"},{"label":"Revenue","value":"$1.04 billion"},{"label":"Net income","value":"$12 million"},{"label":"EPS","value":"$0.05 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}