Jefferies Financial (JEF) reported fiscal Q1 earnings late Wednesday of $0.57 per diluted share, compared with $0.66 a year earlier.
Four analysts polled by FactSet expected $0.94.
Net revenue for the quarter ended Feb. 28 was $1.59 billion, compared with $1.74 billion a year earlier.
Three analysts polled by FactSet expected $1.86 billion.
The financial services company also set a quarterly dividend of $0.40 per share, unchanged from the prior quarter and payable May 29 to shareholders of record on May 19.
Jefferies shares were down 6.1% in Wednesday's extended session.
Price: 56.62, Change: -3.67, Percent Change: -6.09
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