Jefferies Financial Group Reports Solid Q1 Results
<p><a href='https://financialmodelingprep.com/financial-summary/JEF'>Jefferies Financial Group Inc. (NYSE:JEF) </a>reported its Q1 results, with EPS of $1.23 coming in better than the Street estimate of $0.97. Revenue was $1.73 billion, above the Street estimate of $1.67 billion.</p>
<p>The quarter marked a strong start to a year so far submerged in growing global uncertainty (i.e., the war in Ukraine, volatile commodity prices, inflation, etc.). These results included a tax benefit related to RSU conversions that may recur periodically, which added around $0.15 per share to EPS, and the fiscal quarter also included stronger December results (given the company's fiscal quarter is shifted one month earlier than the calendar equivalent).</p>

NYSE:JEF