---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-014973"
form_type: "8-K"
ticker: "JEF"
cik: "0000096223"
company_name: "Jefferies Financial Group Inc."
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T05:24:35.246674+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jefferies Q1 earnings fall 15%; EPS $0.57 vs $0.69; revenues down 8%

## Summary
- Net earnings attributable to common shareholders: $127.8M, down 14.6% YoY; diluted EPS $0.57 from continuing operations vs $0.69.
- Total net revenues $1.59B, down 8% YoY; Investment Banking net rev. $701M, Capital Markets $698M, Asset Mgmt $192M.
- Advisory net rev. up 17% to $398M; Debt underwriting up 54% to $199M; Equity underwriting down 39% to $129M.
- Equities net rev. up 10% to $409M; Fixed Income down 18% to $289M; Asset Mgmt fees/investment return down 53%.
- Quarterly dividend declared $0.40/share, payable May 29 to holders on May 19; book value $49.48/share.

## SEC filing metadata
- accession: 0001628280-25-014973
- form_type: 8-K
- ticker: JEF
- cik: 0000096223
- company_name: Jefferies Financial Group Inc.
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96223/000162828025014973/0001628280-25-014973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000162828025014973/jef-20250326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-014973
- JSON: https://secwatch.observer/filing/0001628280-25-014973.json
- Plain text: https://secwatch.observer/filing/0001628280-25-014973.txt

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