earnings
confidence high
sentiment positive
materiality 0.75
Jefferies Q2 net earnings $146M ($0.64/sh), revenue $1.66B, dividend up 16.7% to $0.35
Jefferies Financial Group Inc.
2024-Q2 EPS reported
$1.31
revenue$5,068,238,000
- Net earnings attributable to common shareholders $146M, or $0.64 diluted EPS; pre-tax income $228M.
- Net revenues $1.66B, up 60% YoY; Investment Banking $803M (+59% YoY), Capital Markets $691M (+24% YoY).
- Quarterly dividend increased 16.7% to $0.35/share, payable Aug 30 to holders of record Aug 19.
- Book value per share $46.57; adjusted tangible book value $31.27 per fully diluted share; 212.1M shares outstanding.
- Management cites continued momentum in Investment Banking, improved margins, and positive outlook for H2 2024/2025.