Jefferies Group 2Q Earnings Pregame Scorecard

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Last quarter Jefferies Group, Inc. topped estimates by 4 cents per share, and it is scheduled to report again on Tuesday.

Expectations

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Analysts currently expect Jefferies Group to come in with earnings of 29 cents per share on revenues of $709.3 million. Analyst estimates range from 20 cents per share to 39 cents per share. Over the past two months, the average estimate has moved down from 36 cents.

Last Quarter's Results

In the first quarter, profit fell 11.7% to $77.1 million (33 cents a share) from $87.3 million (42 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 4.2% to $1.01 billion from $966.7 million.

Stock Ratings

Analysts think investors should stand pat on Jefferies Group with five of six analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

The stock fell $2.32 per share between May 8, 2012 and May 18, 2012. Looking at change over the last three months, March 16, 2012 and June 12, 2012, the stock price fell $5.96 (-31.1%), from $19.18 to $13.22.

Company Fundamental Trends

Summary

Reporting Period: 2Q

Date of Release: Tuesday, June 19, 2012 before market open

EPS: 29 cents

Revenue Estimate: $709.3 million