Securities and investment banking firm Jefferies Group Inc. (JEF) reported a rise in fourth-quarter net earnings to common shareholders to $72 million, or $0.31 per share, from $48 million, or $0.21 per share last year.
On a non-GAAP basis, excluding Hurricane Sandy relief donation, Leucadia merger costs and certain historical-related items, net earnings to common shareholders totaled $81 million, or $0.35 per share for the recent period. On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.32 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly net revenues reached $769 million, compared with $554 million in the earlier year quarter, whereas 7 analysts estimated revenues of $722.56 million for the quarter. Fixed Income net revenues more than doubled to $293 million, from the prior year's $141 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.