Investment banking firm Jefferies Financial Group (NYSE: JEF) will be reporting results this Wednesday after market close. Here’s what to look for.

Jefferies beat analysts’ revenue expectations last quarter, reporting revenues of $2.07 billion, up 5.7% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and a decent beat of analysts’ revenue estimates.

Is Jefferies a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Jefferies’s revenue to grow 24.8% year on year, a reversal from the 8.4% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Jefferies has missed Wall Street’s revenue estimates multiple times over the last two years.

With Jefferies being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for capital markets stocks. However, investors in the segment have had fairly steady hands going into earnings, with share prices down 1.7% on average over the last month. Jefferies is down 21.5% during the same time .

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