Investing.com - Jefferies Financial reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jefferies Financial announced earnings per share of $1.07 on revenue of $1.62B. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $966.05M.
Jefferies Financial shares are down 20% from the beginning of the year and are trading at $17.07 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.19% from the start of the year.
Jefferies Financial follows other major Financial sector earnings this month
Jefferies Financial's report follows an earnings beat by RBC on Wednesday, August 26, 2020, who reported EPS of $1.67 on revenue of $9.83B, compared to forecasts EPS of $1.38 on revenue of $8.57B.
Rocket had missed expectations on Wednesday, September 2, 2020 with third quarter EPS of $1.42 on revenue of $5.31B, compared to forecast for EPS of $1.43 on revenue of $5.28B.
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