Bgc Group Inc expected to post earnings of 23 cents a share - Earnings Preview

Bgc

26/07/2024 14:43

* Bgc Group Inc  BGC.OQ   BGC.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
10.5% increase in revenue to $545 million from $493.08 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on April 30 2024, for the
period ended June 30, was for revenue between $520.00 million
and $570.00 million. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Bgc Group Inc is for
earnings
of 23 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
$10.00​, above​ its last closing price of $9.39. ​​​

This summary was machine generated July 26 at 13:43 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)