secwatch.observer — SEC 8-K summary
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Issuer:     Jefferies Financial Group Inc. (JEF)
CIK:        0000096223
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0000096223-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96223/000009622324000010/0000096223-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96223/000009622324000010/jef-20240327.htm
  HTML page:      https://secwatch.observer/filing/0000096223-24-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer