Jefferies Financial Group (JEF) Misses Q2 EPS by 27c

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Jefferies Announces Second Quarter 2023 Financial Results

June 27, 2023 4:15 PM EDT

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

Q2 Financial Highlights

Net earnings attributable to common shareholders of $12 million, or $0.05 per diluted share, including $72 million of pre-tax losses related to OpNet (formerly Linkem), a legacy merchant banking investment Annualized return on adjusted tangible equity1 of 0.7% Total net revenues of $1.04 billion, including $72 million of pre-tax losses related to OpNet Investment Banking net revenues of $510 million Capital Markets net revenues of $543 million Repurchased 2.2 million shares of common... More