Nov 30, 2022

Jefferies Q4 2022 Earnings Report

Jefferies reported Q4 2022 financial results, featuring net earnings attributable to common shareholders of $140 million and total net revenues of $1.44 billion.

Key Takeaways

Jefferies Financial Group reported Q4 2022 financial results, with net earnings attributable to common shareholders of $140 million, or $0.57 per diluted share. The company's total net revenues were $1.44 billion, which included $568 million from Investment Banking, $478 million from Capital Markets, and $402 million from Asset Management. Jefferies repurchased 3.9 million shares of common stock for $121 million during the quarter and increased the share buyback authorization back to a total of $250 million.

Net earnings attributable to common shareholders were $140 million, or $0.57 per diluted share.

Total net revenues reached $1.44 billion, with Investment Banking contributing $568 million.

The company repurchased 3.9 million shares of common stock for $121 million.

The Board of Directors increased the share buyback authorization back to a total of $250 million.

Total Revenue
$1.44B
Previous year: $1.81B
-20.5%
EPS
$0.57
Previous year: $1.36
-58.1%
Gross Profit
$543M
Previous year: $887M
-38.8%
Cash and Equivalents
$9.7B
Previous year: $10.8B
-9.8%
Free Cash Flow
$265M
Previous year: $1.32B
-79.9%
Total Assets
$51.1B
Previous year: $56.1B
-9.0%

Jefferies

Jefferies

Jefferies Revenue by Segment

Forward Guidance

The company is optimistic about its human capital, product capabilities, industry expertise and geographic breadth, which it intends to continue to aggressively deliver to its clients going forward. The goal is to continue to gain market share, further strengthening their competitive position, and continue their quest to be the best full service global investment banking firm.

Revenue & Expenses

Visualization of income flow from segment revenue to net income