Jefferies Financial Group Inc. (NYSE:JEF) will release earnings for its first quarter after the closing bell on Wednesday, March 25.
Analysts expect the New York-based company to report quarterly earnings of 91 cents per share, up from 57 cents per share in the year-ago period. The consensus estimate for Jefferies Financial’s quarterly revenue is $1.98 billion (it reported $1.59 billion last year), according to Benzinga Pro.
Jefferies Financial shares gained on Tuesday after reports suggesting that Japan’s Sumitomo Mitsui Financial Group is considering making a takeover bid for the company. According to Bloomberg, SMFG has no immediate plans to take over Jefferies.
Jefferies Financial shares fell 1.7% to trade at $39.88 on Wednesday.
Benzinga readers can access the latest analyst ratings on the …
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