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Gear Up for Jefferies (JEF) Q3 Earnings: Wall Street Estimates for Key Metrics
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The upcoming report from Jefferies (JEF - Free Report) is expected to reveal quarterly earnings of $1.04 per share, indicating a decline of 1% compared to the year-ago period. Analysts forecast revenues of $2.21 billion, representing an increase of 8.1% year over year.
The consensus EPS estimate for the quarter has been revised 8.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Jefferies metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Net Revenues by Source- Total Asset Management Net revenues' of $113.92 million. The estimate suggests a change of -35.6% year over year.
Analysts predict that the 'Net Revenues by Source- Total Investment Banking and Capital Markets Net revenues' will reach $2.09 billion. The estimate suggests a change of +12.7% year over year.
The consensus estimate for 'Net Revenues by Source- Total Asset Management Net revenues- Investment return' stands at $37.86 million. The estimate indicates a change of -44.4% from the prior-year quarter.
It is projected by analysts that the 'Net Revenues by Source- Total Capital Markets' will reach $771.41 million. The estimate suggests a change of +6.6% year over year.
According to the collective judgment of analysts, 'Net Revenues by Source- Total Capital Markets- Equities' should come in at $534.15 million. The estimate indicates a change of +9.8% from the prior-year quarter.
The consensus among analysts is that 'Net Revenues by Source- Total Capital Markets- Fixed income' will reach $237.26 million. The estimate suggests a change of +0.2% year over year.
Based on the collective assessment of analysts, 'Net Revenues by Source- Total Investment Banking- Total underwriting- Advisory' should arrive at $812.93 million. The estimate points to a change of +24% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Revenues by Source- Total Investment Banking- Other investment banking' will likely reach $20.00 million. The estimate suggests a change of -59.2% year over year.
Analysts forecast 'Net Revenues by Source- Total Investment Banking' to reach $1.32 billion. The estimate points to a change of +16.6% from the year-ago quarter.
Analysts expect 'Net Revenues by Source- Total Investment Banking- Total underwriting- Debt underwriting' to come in at $175.05 million. The estimate suggests a change of -29.9% year over year.
Analysts' assessment points toward 'Net Revenues by Source- Total Investment Banking- Total underwriting- Equity underwriting' reaching $315.25 million. The estimate suggests a change of +74% year over year.
The average prediction of analysts places 'Net Revenues by Source- Total Investment Banking- Total underwriting' at $490.30 million. The estimate indicates a change of +13.8% from the prior-year quarter.
Shares of Jefferies have experienced a change of -9.7% in the past month compared to the +1.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), JEF is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Gear Up for Jefferies (JEF) Q3 Earnings: Wall Street Estimates for Key Metrics
The upcoming report from Jefferies (JEF - Free Report) is expected to reveal quarterly earnings of $1.04 per share, indicating a decline of 1% compared to the year-ago period. Analysts forecast revenues of $2.21 billion, representing an increase of 8.1% year over year.
The consensus EPS estimate for the quarter has been revised 8.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Jefferies metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Net Revenues by Source- Total Asset Management Net revenues' of $113.92 million. The estimate suggests a change of -35.6% year over year.
Analysts predict that the 'Net Revenues by Source- Total Investment Banking and Capital Markets Net revenues' will reach $2.09 billion. The estimate suggests a change of +12.7% year over year.
The consensus estimate for 'Net Revenues by Source- Total Asset Management Net revenues- Investment return' stands at $37.86 million. The estimate indicates a change of -44.4% from the prior-year quarter.
It is projected by analysts that the 'Net Revenues by Source- Total Capital Markets' will reach $771.41 million. The estimate suggests a change of +6.6% year over year.
According to the collective judgment of analysts, 'Net Revenues by Source- Total Capital Markets- Equities' should come in at $534.15 million. The estimate indicates a change of +9.8% from the prior-year quarter.
The consensus among analysts is that 'Net Revenues by Source- Total Capital Markets- Fixed income' will reach $237.26 million. The estimate suggests a change of +0.2% year over year.
Based on the collective assessment of analysts, 'Net Revenues by Source- Total Investment Banking- Total underwriting- Advisory' should arrive at $812.93 million. The estimate points to a change of +24% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Revenues by Source- Total Investment Banking- Other investment banking' will likely reach $20.00 million. The estimate suggests a change of -59.2% year over year.
Analysts forecast 'Net Revenues by Source- Total Investment Banking' to reach $1.32 billion. The estimate points to a change of +16.6% from the year-ago quarter.
Analysts expect 'Net Revenues by Source- Total Investment Banking- Total underwriting- Debt underwriting' to come in at $175.05 million. The estimate suggests a change of -29.9% year over year.
Analysts' assessment points toward 'Net Revenues by Source- Total Investment Banking- Total underwriting- Equity underwriting' reaching $315.25 million. The estimate suggests a change of +74% year over year.
The average prediction of analysts places 'Net Revenues by Source- Total Investment Banking- Total underwriting' at $490.30 million. The estimate indicates a change of +13.8% from the prior-year quarter.
View all Key Company Metrics for Jefferies here>>>Shares of Jefferies have experienced a change of -9.7% in the past month compared to the +1.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), JEF is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .