Jefferies’ Profit Falls 40%. CEO Strikes Positive Tone on Dealmaking Outlook. - Barron's
1. Jefferies' profit declined 40%, underperforming analysts' expectations. 2. Despite a revenue increase to $1.63 billion, shares dropped 2.7%. 3. Geopolitical uncertainty slowed investment banking activities in early 2025. 4. Jefferies' shares are down 30% this year, contrasting with S&P's 4% rise. 5. Competitors like Moelis and Evercore had smaller declines, indicating market divergence.