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Jefferies Posts Strong Q4, Full-Year Results

Jefferies Group (UNKNOWN: JEF.DL  ) this week reported fourth-quarter and full-year earnings that for the most part showed robust growth and even broke a record in one instance, the company reported in a press release.

Annual net revenues for 2012 reached a new high of just under $3 billion, an 18% improvement over the previous year. Net GAAP earnings to common shareholders totaled $282 million ($1.22 per share), which was slightly lower than 2011's figure.

For the quarter, revenue came in at $769 million and net was $72 million ($0.31 EPS). The two figures were 39% and 50% higher on a year-over-year basis, respectively.

In the immediate future, Jefferies is to be merged with Leucadia (NYSE: LUK  ) , which acquired it last month. Leucadia had previously been its largest shareholder.


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DocumentId: 2162191, ~/Articles/ArticleHandler.aspx, 10/27/2016 10:54:25 PM

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Related Tickers

12/31/1969 7:00 PM
JEF.DL $0.00 Down +0.00 +0.00%
Jefferies Group CAPS Rating: **
LUK $18.71 Down -0.09 -0.48%
Leucadia National CAPS Rating: *****