Leucadia National Profit Tumbles Amid Higher Revenue - Quick Facts

(RTTNews) - Leucadia National Corp. (LUK) Thursday reported third-quarter net income of $3 million or $0.01 per share, compared with $106.7 million or $0.43 per share last year.

Results for the recent quarter included net realized securities gains of $5 million, compared with $154 million a year ago.

Meanwhile, revenue for the quarter climbed to $2.57 billion from $2.22 billion in the prior year.

New York-based Leucadia National Corp., through its unit Jefferies Group LLC, operates in the investment banking sector. The company also owns investments in other businesses, including beef processing, manufacturing, telecommunications and gaming.

The company's stock is trading at $28.48, down $0.60 or 2.06%, on a volume of 472 thousand shares on the NYSE.