Jefferies Group LLC Reports Fiscal Third Quarter 2018 Financial Results

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Jefferies Group, Inc. (JEF) Reports Q3 Revenues Above Consensus

September 21, 2018 6:52 AM EDT

Jefferies Group, Inc. (NYSE: JEF) reported Q3 revenuea for the quarter came in at $1.09 billion versus the consensus estimate of $1.07 billion.

Rich Handler, Chairman and Chief Executive Officer, and Brian Friedman, Chairman of the Executive Committee, commented: "Our third quarter revenues of $778 million reflect solid performances in Investment Banking, with revenues of $452 million, and in sales and trading where revenues grew to $310 million. The usual... More