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Jefferies Group Reports Decline in Earnings and Revenue

Jefferies Group Inc. sees a downturn in financials as both earnings and revenue decreased. Earnings dropped to $127.8 million, or $0.57 per share, down from last year's $149.6 million, reflecting growing concerns among investors.

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AI Rating:   4

Earnings Per Share (EPS): Jefferies Group reported an EPS of $0.57 for the first quarter, down from $0.69 in the same period last year. This 17.4% decline is a significant factor that could affect investor sentiment negatively.

Revenue Growth: The company's revenue fell by 8.3%, totaling $1.593 billion compared to $1.738 billion from the previous year. This decrease indicates potential challenges in maintaining market position and could lead to further stock price pressure.