Jefferies Financial Group misses earnings due to challenging market conditions

From Yahoo Finance: 2025-03-27 10:33:00

Jefferies Financial Group missed quarterly earnings and revenue estimates due to challenging capital market conditions. Asset management revenue dropped 30%, with investment banking and capital market revenue also declining. U.S. policies and geopolitical events were blamed for the poor results. Shares of JEF fell 9% following the announcement.

Read more: Jefferies Stock Sinks as Firm Attributes Soft Results to Geopolitics