Jefferies Financial Group (JEF) Tops Q1 EPS by 6c

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Jefferies Announces First Quarter 2023 Financial Results

March 28, 2023 4:23 PM EDT

NEW YORK--(BUSINESS WIRE)-- Jefferies Financial Group Inc. (NYSE: JEF):

Q1 Financial Highlights

Net earnings attributable to common shareholders of $134 million, or $0.54 per diluted share Annualized return on adjusted tangible equity of 7.1%1 Total net revenues of $1.28 billion Investment Banking net revenues of $568 million, slightly above the fourth quarter, with increases in both equity and debt underwriting offsetting a decline in advisory Capital Markets net revenues of $639 million, our fourth highest quarter ever Asset Management net revenues (before allocated net... More