JEF - Jefferies Financial Group GAAP EPS of $1.23 beats by $0.43 revenue of $1.73B beats by $180M

Jefferies Financial Group press release (NYSE:JEF): FQ1 GAAP EPS of $1.23 beats by $0.43. Revenue of $1.73B (-30.5% Y/Y) beats by $180M. Shares +4.63% AH. Annualized return on adjusted tangible equity of 16.2%. Asset Management net revenues of $74 million. Our Board of Directors has authorized the repurchase in the future of an additional up to $250 million of our common stock. The Jefferies Board of Directors declared a quarterly cash dividend equal to $0.30 per Jefferies common share, payable on May 27, 2022.

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Jefferies Financial Group GAAP EPS of $1.23 beats by $0.43, revenue of $1.73B beats by $180M