Jefferies Reports Q1 Revenue of $821 Million (LUK)

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Jefferies Reports Fiscal First Quarter 2018 Financial Results

March 20, 2018 6:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- Jefferies Group LLC today announced financial results for its fiscal first quarter 2018.

Highlights for the three months ended February 28, 2018:

Total Net Revenues of $821 million Investment Banking Net Revenues of $434 million Total Equities and Fixed Income Net Revenues of $369 million Earnings Before Income Taxes of $123 million Provisional Tax Cuts and Jobs Act-related charge of $164 million, $108 million of which is non-cash Net Loss of $61 million after provisional tax charge of $164 million; without... More