U.S. markets open in 5 hours 45 minutes

Jefferies Financial Earnings, Revenue Beat in Q2

Investing.com - Jefferies (NYSE:JEF) Financial reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Jefferies Financial announced earnings per share of $0.16 on revenue of $1.15B. Analysts polled by Investing.com anticipated EPS of $-0.26 on revenue of $689.45M.

Jefferies Financial shares are down 29% from the beginning of the year , still down 37.00% from its 52 week high of $24.03 set on February 20. They are under-performing the S&P 500 which is down 5.5% year to date.

Jefferies Financial follows other major Financial sector earnings this month

Jefferies Financial's report follows an earnings beat by Commerzbank AG PK on June 3, who reported EPS of $-0.16 on revenue of $2.2B, compared to forecasts EPS of $-0.17 on revenue of $2.2B.

Healthequity Inc had missed expectations on June 2 with first quarter EPS of $0.43 on revenue of $190.01M, compared to forecast for EPS of $0.44 on revenue of $193.72M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar