Jefferies beats profit estimates on deal surge, equities trading strength
Investment banking revenue rose 17% to $1.33 billion; capital markets revenue increased 11% to $802 million.
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Jefferies beats profit estimates on deal surge, equities trading strength
Jefferies Financial NYSE:JEF beat third-quarter profit estimates on Monday, as higher fees from advising on deals and underwriting stock sales were complemented by a record haul in equities trading business.Its results are closely watched on Wall Street for an early glimpse into quarterly investmen…