Form 10-Q HOMEFED CORP For: Mar 31

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Leucadia National (LUK) Reports Q1 EPS of $0.99; Says Slowness in Jefferies Appears to be Passing

May 8, 2015 8:25 AM EDT

Leucadia National (NYSE: LUK) reported Q1 EPS of $0.99, versus $0.25 reported last year. Revenue for the quarter came in at $3.19 million, versus $2.94 million reported last year.

Rich Handler, CEO of Leucadia, and Brian Friedman, President of Leucadia, said: We took additional important steps this quarter to continue to build Leucadia and its long-term value. In January, we invested $279.0 million in FXCM, net of a $21.0 million investment banking fee earned by Jefferies. Our investment stabilized FXCMs financial position, and has allowed management to focus on repaying our loan and reinvigorating growth in FXCMs... More