Bgc Group Inc expected to post earnings of 20 cents a share - Earnings Preview

Bgc

12/02/2024 14:14

* Bgc Group Inc  BGC.OQ   BGC.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
27.1% increase in revenue to $554.6 million from $436.52 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on October 30 2023, for the
period ended December 31, was for revenue between $450.00
million and $500.00 million. (Sales/Revenue Majority Basis is on
Total Revenue)
    * ​LSEG's mean analyst estimate for Bgc Group Inc is for
earnings
of 20 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bgc Group
Inc is
$8.00​, above​ its last closing price of $7.50. ​​​

This summary was machine generated February 12 at 14:14 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)