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

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Leucadia National Corporation Announces First Quarter 2015 Results

May 8, 2015 8:22 AM EDT

NEW YORK--(BUSINESS WIRE)-- Leucadia National Corporation (NYSE: LUK) today announced its financial results for the three month period ended March 31, 2015. Net income attributable to Leucadia National Corporation common shareholders was $380.8 million, or $0.99 per diluted share. Net revenues reflect realized and unrealized gains of $686.6 million related to our recent FXCM investment, $18.6 million of which was received in cash during the quarter, and $668.0 million of which represents an unrealized fair value gain on the value of our investment.

Rich Handler, CEO of Leucadia, and Brian Friedman, President of Leucadia, said: We took additional... More