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JEF Misses Q2 Estimates

JEF reports Q2 revenue of $2.21B and EPS of $1.02, missing estimates of $2.3B and $1.16 respectively

JEF

JEF Q2 REVENUE $2.21B MISSES, EPS $1.02 MISSES - Revenue: $2.21B vs $2.3B est, miss - EPS per voting common share: $1.02 vs $1.16 est, miss - Investment banking net revenue: $1.21B - Quarterly cash dividend: $0.40 - Increased share buyback authorization to a total of $250M