Leucadia National Q3 Profit Up - Quick Facts

(RTTNews) - Leucadia National Corp. (LUK) reported that its net income attributable to common shareholders for the third-ended September 30, 2014 was $54.68 million or $0.14 per share up from $2.97 million or $0.01 per share in the prior year.

These result was reduced by the charge announced yesterday of $70 million or $0.18 per share related to the agreement to settle litigation concerning the Jefferies acquisition.

Jefferies recorded strong results for the third quarter and first nine-months, driven by $465.2 million in Investment Banking net revenues and $366.7 million in sales and trading net revenues for the quarter.

Income from continuing operations before income taxes rose to $118.16 million from $56.73 million in the prior year.

Net revenues for the quarter grew to $3.00 billion from last year's $2.53 billion.