Jefferies Q1 net earnings rise to $156 million as revenue reaches $2.02 billion
Jefferies reported results for the quarter ended February 28, 2026, with net earnings attributable to common shareholders of $156 million, or $0.70 per diluted share from continuing operations, compared with $128 million, or $0.57, a year earlier. Total net revenues rose to $2.02 billion from $1.59 billion, although the quarter included a $36 million non-cash, after-tax goodwill write-down tied to the planned sale of Tessellis.
Key points
- Total net revenues of $2.02 billion, compared with $1.59 billion in the prior year quarter.
- Diluted earnings per share from continuing operations of $0.70, compared with $0.57.
- A $36 million non-cash, after-tax goodwill write-down tied to the Tessellis sale, and $17 million of losses related to Market Financial Solutions and First Brands.
- Quarterly dividend of $0.40 per share, payable May 29, 2026; 3.0 million shares repurchased for $174 million.
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 March 25, 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.