A fall in expenses and better-than-expected capital markets performance support Jefferies' (JEF) fiscal Q1 earnings.
Jefferies (JEF) delivered earnings and revenue surprises of 14.58% and 5.95%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, March 28, 2023--Jefferies Financial Group Inc. (NYSE: JEF):