earnings
confidence high
sentiment negative
materiality 0.80
Jefferies Q2 EPS $0.40, down 37% YoY; Advisory strong but underwriting and Fixed Income weak; dividend $0.40
Jefferies Financial Group Inc.
2025-Q2 EPS
reported $0.97
vs consensus $0.44
▲ beat
(+118.3%)
- Net earnings $88M (diluted EPS $0.40) vs $146M ($0.64) YoY; Advisory net rev +61%, Equity underwriting -51%, Fixed Income -37%.
- Total net revenues $1.63B, down 1% YoY; Investment banking net rev $766M (Advisory $458M, underwriting $328M).
- Return on adjusted tangible equity 5.5% vs 9.1% YoY; book value $49.96, tangible book $32.84 per diluted share.
- Quarterly dividend declared $0.40/share, payable Aug 29 to holders of record Aug 18; unchanged from prior quarter.
- Repurchased 0.7M shares for $58M; management cites strong backlog and is optimistic about H2 2025.