Jefferies Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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Jefferies Financial Group Inc. JEF will release earnings results for its fourth quarter, after the closing bell on Wednesday, Jan. 8, 2025.

Analysts expect the New York-based company to report quarterly earnings at 91 cents per share, up from 30 cents per share in the year-ago period. Jefferies Financial projects to report revenue of $1.77 billion for the recent quarter, compared to $1.2 billion a year earlier, according to data from Benzinga Pro.

On Sept. 25, Jefferies Financial reported quarterly sales of $1.68 billion, which missed the analyst consensus estimate of $1.71 billion.

Jefferies Financial shares gained 1.5% to close at $79.80 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Morgan Stanley analyst Ryan Kenny upgraded the stock from Equal-Weight to Overweight and raised the price target from $67 to $97 on Dec. 9. This analyst has an accuracy rate of 62%.
  • Oppenheimer analyst Chris Kotowski maintained an Outperform rating and raised the price target from $73 to $83 on Nov. 14. This analyst has an accuracy rate of 85%.
  • UBS analyst Brennan Hawken initiated coverage on the stock with a Buy rating and a price target of $67 on Sept. 17. This analyst has an accuracy rate of 71%.

Considering buying JEF stock? Here’s what analysts think:

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