Revenue Update on Leucadia National Corp.(NYSE:LUK)

Leucadia National Corp.(NYSE:LUK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $2.63B. Analysts estimated a revenue of $2.66B. Earnings per share were $0.15. Analysts had estimated an EPS of $0.25.

Leucadia National Corp. (LUK) shares turned negative on Fridays trading session with the shares closing down -0.12 points or -0.64% at a volume of 11,06,432. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18.7. The peak price level was also seen at $18.7 while the days lowest was $18.47. Finally the shares closed at $18.66. The 52-week high of the shares is $23.37 while the 52-week low is $14.27. According to the latest information available, the market cap of the company is $6,725 M.

Leucadia National Corp. has also declared a cash dividend of $0.0625 on Jul 28, 2016. The shares will quote ex-dividend on Sep 15, 2016 and the record date has been fixed on Sep 19, 2016. The dividend payable date has been fixed on Sep 30, 2016.

Leucadia National Corporation (Leucadia) is a diversified holding company engaged through its subsidiaries in a variety of businesses. The Company’s business operations include capital markets and asset management. The capital markets business includes its securities commodities futures and foreign exchange brokerage trading provides the sales trading origination and advisory effort for various fixed income equity and advisory activities and investment banking which consist of underwritin

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