Jefferies Group Inc. (JEF) announced a profit for its third quarter that increased from the same period last year but missed the Street estimates.
The company's earnings came in at $167.13 million, or $0.75 per share. This compares with $51.42 million, or $0.22 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 42.4% to $1.683 billion from $1.182 billion last year.
Jefferies Group Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $167.13 Mln. vs. $51.42 Mln. last year.
-EPS (Q3): $0.75 vs. $0.22 last year.
-Revenue (Q3): $1.683 Bln vs. $1.182 Bln last year.
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