---
schema_version: "secwatch.filing_event.v1"
accession: "0000096223-24-000010"
form_type: "8-K"
ticker: "JEF"
cik: "0000096223"
company_name: "Jefferies Financial Group Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:31:59.892915+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jefferies Q1 net earnings $150M ($0.66/diluted); adjusted EPS $0.87; revenue $1.74B up 35% YoY

## Summary
- Net earnings attributable to common shareholders $150M ($0.66 diluted); continuing ops $157M ($0.69 diluted); adjusted for Weiss loss $196M ($0.87 diluted).
- Net revenues $1.74B, up 35% YoY; Investment Banking $740M (+31.4% YoY), Capital Markets $712M (+8.8% YoY).
- Asset Management net revenues $273M (+299% YoY) but includes $55M pre-tax loss from Weiss Multi-Strategy closure.
- Quarterly dividend $0.30/share, payable May 30, 2024 to holders of record May 20, 2024.
- Book value $46.13 per common share; tangible book value $30.89 per fully diluted share.

## SEC filing metadata
- accession: 0000096223-24-000010
- form_type: 8-K
- ticker: JEF
- cik: 0000096223
- company_name: Jefferies Financial Group Inc.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96223/000009622324000010/0000096223-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000009622324000010/jef-20240327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096223-24-000010
- JSON: https://secwatch.observer/filing/0000096223-24-000010.json
- Plain text: https://secwatch.observer/filing/0000096223-24-000010.txt

## Key facts
- Earnings Releases
  Jefferies Financial Group Inc. reported quarter ended February 29, 2024 results: revenue $1.74 billion, net income $150 million, EPS $0.66 per diluted common share.
  - Period: quarter ended February 29, 2024
  - Revenue: $1.74 billion
  - Net income: $150 million
  - EPS: $0.66 per diluted common share
  - Result: reported results
  source text: 1 of 9.8%. Adjusting for the impact of the loss on Weiss, our annualized return on adjusted tangible total equity from continuing operations was 12.0% 1 • Net revenues of $1.74 billion Ø Investment Banking net revenues of $740 million Ø Capital Markets net revenues of $712 million, our third best Capital Markets quarter ever Ø Asset Management net revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/96223/000009622324000010/0000096223-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.