Jefferies Financial Group (JEF) Misses Q2 EPS by 26c

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Jefferies Announces Second Quarter 2022 Financial Results

June 27, 2022 4:45 PM EDT

NEW YORK--(BUSINESS WIRE)-- Q2 Financial Highlights

Net income attributable to common shareholders of $114 million, or $0.45 per diluted share Annualized return on adjusted tangible equity of 5.8%1 Total Investment Banking and Capital Markets and Asset Management Net Revenues of $1.13 billion Investment Banking net revenues of $687 million Combined Capital Markets net revenues of $416 million Asset Management net revenues (before allocated net interest2) of $45 million Repurchased 8.0 million shares of common stock for $258.0 million, or an average price of $32.20 per share; at May 31, 2022, we had 232.3 million shares outstanding and... More