Jefferies Q1 2023 Earnings Report
Key Takeaways
Jefferies Financial Group reported net earnings attributable to common shareholders of $134 million, or $0.54 per diluted share, for the first quarter of 2023. Total net revenues were $1.28 billion, with Investment Banking net revenues at $568 million and Capital Markets net revenues at $639 million.
Net earnings attributable to common shareholders of $134 million, or $0.54 per diluted share.
Investment Banking net revenues of $568 million, slightly above the fourth quarter, with increases in both equity and debt underwriting offsetting a decline in advisory.
Capital Markets net revenues of $639 million, the fourth highest quarter ever.
Repurchased 2.6 million shares of common stock for $98 million, at an average price of $38.01 per share.
Jefferies
Jefferies
Jefferies Revenue by Segment
Forward Guidance
Jefferies plans to be well positioned to gain even further market share and take advantage of the dislocations affecting our industry.
Revenue & Expenses
Visualization of income flow from segment revenue to net income