Jefferies dips after Q2 results
Yesterday 21:54
BUZZ-Jefferies dips after Q2 results ** Shares of Jefferies Financial JEF.N down 0.6% at $57.58 in extended trading
** JEF says its profit more than doubled in Q2, as the investment bank earned higher fees from advising on deals and underwriting share sales
** Profit attributable to common shareholders was $226.2 million, or $1.02 per share, in the three months ended May 31
** Reports asset management fees and investment return revenues of $46 million, down 35% compared to the prior year quarter
** Up to last close, stock down ~7% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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