Jefferies (NYSE:JEF) Financial reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jefferies Financial announced earnings per share of $0.16 on revenue of $1.15B. Analysts polled by anticipated EPS of $-0.26 on revenue of $689.45M.
Jefferies Financial shares are down 29% from the beginning of the year , still down 37.00% from its 52 week high of $24.03 set on February 20. They are under-performing the S&P 500 which is down 5.5% year to date.
Jefferies Financial follows other major Financial sector earnings this month
Jefferies Financial's report follows an earnings beat by Commerzbank AG PK on June 3, who reported EPS of $-0.16 on revenue of $2.2B, compared to forecasts EPS of $-0.17 on revenue of $2.2B.
Healthequity Inc had missed expectations on June 2 with first quarter EPS of $0.43 on revenue of $190.01M, compared to forecast for EPS of $0.44 on revenue of $193.72M.
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