Jefferies Group Reports Q2 Revenue of $823 Million (JEF)

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Jefferies Group LLC Reports Fiscal Second Quarter 2018 Financial Results

June 19, 2018 6:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- Jefferies Group LLC, a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), today announced financial results for its fiscal second quarter 2018.

Highlights for the three months ended May 31, 2018:

Total Net Revenues of $823 million, up 20% versus the same quarter last year, excluding last year's gain on the sale of KCG¹ Investment Banking Net Revenues of $506 million, up 42% compared to last year's second quarter Total Equities and Fixed Income Net Revenues of $295 million Earnings Before Income Taxes of $122 million... More