EL7.AI
StocksMediumUpdated×2•Originally published 28 September 2026•Updated 29 September 2026•
1 min read

Jefferies Surpasses Q3 Earnings Estimates with $1.09 Per Share

Key Facts

1Jefferies reported quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.04 per share.

Jefferies reported quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.04 per share. The company said the results improved upon the $1.05 per share earned during the same period last year, driven by stronger than expected operational performance.

The financial group's third-quarter results exceeded Wall Street expectations for both earnings per share and total revenue. This bullish performance for the major financial services firm occurred alongside a period of mixed global consumer confidence data reported on September 22, 2026, across European and Turkish markets.

Latest Updates · 2

  1. Notable·

    Update: Operational details revealed divergent performance across divisions, as asset management revenue dropped 52% to $85.6 million. Conversely, the equities trading business achieved a new record, generating $626 million in revenue during the third quarter of 2026.

  2. Notable·

    Update: Detailed results showed Jefferies' Q3 revenue rose to $2.22 billion, bolstered by record-breaking performance in its investment banking division. Following the release, Oppenheimer adjusted its price target for the stock to $71.00.