Jefferies Financial Intrinsic Value Calculator – JEFFERIES FINANCIAL Reports FY2023 Q3 Earnings on September 27 2023
September 29, 2023
🌥️Earnings Overview
On September 27 2023, JEFFERIES FINANCIAL ($NYSE:JEF) released its FY2023 Q3 earnings, which ended on August 31 2023. The company’s total revenue for the quarter was reported to be USD 1182.1 million, a 22.5% decrease from the same quarter the previous year. Likewise, the reported net income decreased by 70.8% year over year, amounting to USD 57.7 million.
Stock Price
On Wednesday, September 27 2023, JEFFERIES FINANCIAL reported its third quarter earnings for FY2023. The stock opened at $36.4, but closed slightly lower at $36.2. The news sent shockwaves throughout the markets, as investors had expected JEFFERIES FINANCIAL to post stronger numbers due to the improving economic outlook. Despite this disappointment, the company’s share price stabilized after the announcement, suggesting that investors are still confident in the company’s long-term prospects. JEFFERIES FINANCIAL is one of the largest financial institutions in the world and has been relatively successful in adapting to the changing economic landscape.
Additionally, the company has implemented a number of cost-cutting measures that have allowed them to remain competitive in a challenging environment. Overall, JEFFERIES FINANCIAL’s third quarter earnings are a step in the right direction for the company and should give investors hope that the company is on an upswing. The markets will be watching closely to see if JEFFERIES FINANCIAL can continue to post positive results in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jefferies Financial. More…
| Total Revenues | Net Income | Net Margin |
| 5.25k | 337.33 | 6.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jefferies Financial. More…
| Operations | Investing | Financing |
| 394.33 | -60.54 | -2.84k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jefferies Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 53.74k | 43.97k | 43.89 |
Key Ratios Snapshot
Some of the financial key ratios for Jefferies Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.0% | -11.3% | 19.5% |
| FCF Margin | ROE | ROA |
| 3.9% | 6.6% | 1.2% |
Analysis – Jefferies Financial Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of JEFFERIES FINANCIAL’s wellbeing. After analyzing various metrics, our proprietary Valuation Line indicated that the fair value of JEFFERIES FINANCIAL share is around $31.1. Therefore, we advise investors to be aware of this discrepancy and exercise caution when deciding to buy or sell the stock. More…
Peers
The company has a network of over 30 offices in North America, Europe, and Asia. Jefferies Financial Group Inc is a publicly traded company listed on the New York Stock Exchange. IIFL Securities Ltd is an India-based financial services company that provides a range of services including investment banking, asset management, capital markets, and related financial services. Cohen & Co Inc is a US-based provider of accounting, tax, and consulting services to businesses and individuals. Onesource Ideas Venture Ltd is a Canadian-based provider of business and financial consulting services.
– IIFL Securities Ltd ($BSE:542773)
IIFL Securities Ltd is an Indian brokerage firm headquartered in Mumbai. The company provides a range of services including retail broking, institutional broking, investment banking, wealth management, and more. As of 2022, IIFL Securities Ltd has a market cap of 21.03B and a return on equity of 24.43%. The company has a strong presence in the Indian financial markets and is a leading player in the brokerage industry.
– Cohen & Co Inc ($NYSEAM:COHN)
Cohen & Co Inc is a publicly traded company with a market capitalization of $16.31 million as of 2022. The company has a negative return on equity of -40.58%. Cohen & Co Inc is engaged in the business of providing financial and professional services to clients in a variety of industries. The company’s services include auditing, tax, and advisory services.
– Onesource Ideas Venture Ltd ($BSE:530805)
Onesource Ideas Venture Ltd is a publicly traded company with a market capitalization of 304.27M as of 2022. The company is engaged in the business of providing innovative ideas and solutions to its clients. It has a strong team of professionals who are experienced in their respective fields and are dedicated to providing the best possible service to their clients. The company has a wide range of products and services that it offers to its clients, which include web development, e-commerce, digital marketing, and many others.
Summary
JEFFERIES FINANCIAL reported its earnings for the third quarter of FY2023, which ended in August 2023, on September 27 2023. Revenue for the quarter was 1182.1 million, a decrease of 22.5% compared to the same quarter last year. Also, the net income decreased by 70.8% to 57.7 million.
This result may be concerning for potential investors, as it shows a decrease in both total revenue and net income compared to the previous year. It is advised that investors look into the company’s recent performance and projections before deciding whether to invest in JEFFERIES FINANCIAL.
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