|Bid||28.55 x 800|
|Ask||30.51 x 800|
|Day's range||29.02 - 29.87|
|52-week range||25.88 - 44.47|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||8.02|
|Earnings date||28 Sept 2022|
|Forward dividend & yield||1.20 (4.07%)|
|Ex-dividend date||10 Nov 2022|
|1y target est||37.75|
The merchant banking division was boosted by the sale of its wood and lumber products business, Idaho Timber, the bank said. The bank said in July it would reduce the size of its merchant banking portfolio that includes investments in real estate, oil and gas, and other public companies as part of a restructuring. The unit reported a 60% jump in revenue to $397.8 million in the three months ended Aug. 31, Jefferies said, compared with a 32% drop in its crown jewel, the investment banking and capital markets unit.
Jefferies (JEF) delivered earnings and revenue surprises of 59.42% and 16.43%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, September 28, 2022--Q3 Financial Highlights