Jefferies Q4 net earnings fall to $191 million; EPS $0.87 vs $0.91 a year earlier
Jefferies Financial Group reported fourth-quarter 2025 results for the quarter ended November 30, 2025. Net revenues rose to $2.07 billion from $1.96 billion a year earlier, but net earnings attributable to common shareholders fell to $191 million, and diluted EPS from continuing operations fell to $0.87 from $0.91, partly reflecting a $30 million pre-tax markdown on its Point Bonita investment. The company also said the figures are preliminary and may be revised in its Form 10-K, which it expects to file on or about January 28, 2026.
Key points
- Q4 2025 net revenues were $2.07 billion, compared with $1.96 billion in Q4 2024.
- Net earnings attributable to common shareholders were $191 million, or $0.87 per diluted share from continuing operations, versus $206 million, or $0.91, a year earlier.
- A $30 million pre-tax loss on the Point Bonita investment reduced results; excluding it, adjusted diluted EPS was $0.96.
- The board declared a quarterly cash dividend of $0.40 per share, payable February 27, 2026, to holders of record on February 17, 2026.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.