Jefferies Group Inc. Earnings Rise In Q3, Beats estimates

(RTTNews) - Jefferies Group Inc. (JEF) reported earnings for its third quarter that advanced from the same period last year.

The company's bottom line came in at $407.5 million, or $1.50 per share. This compares with $304.4 million, or $1.07 per share, in last year's third quarter.

Analysts had expected the company to earn $0.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.8% to $1.94 billion from $1.62 billion last year.

Jefferies Group Inc. earnings at a glance:

-Earnings (Q3): $407.5 Mln. vs. $304.4 Mln. last year. -EPS (Q3): $1.50 vs. $1.07 last year. -Analysts Estimate: $0.99 -Revenue (Q3): $1.94 Bln vs. $1.62 Bln last year.