Jefferies Financial’s Upcoming Q4 Results Preview 
<p>Oppenheimer analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/JEF'>Jefferies Financial Group Inc. (NYSE:JEF)</a> ahead of the upcoming Q4 results, scheduled to be announced on Jan 9.</p>
<p>While the investment banking market remains challenged, analysts expect the company to remain solidly profitable. Their estimate goes to $0.75 for Q4/22 from $0.77 prior. The analysts believe their estimate is above the ex-Oppenheimer consensus estimate of approximately $0.53.</p>
<p>The analysts think this level of core earnings still equates to roughly a 10% ROTCE at the company's core investment bank, although mentioning that this will become harder and harder to distinguish as the parent and broker-dealer have been merged together. The analysts raised their price target to $52 from $46 while reiterating their Outperform rating. </p>

NYSE:JEF