Bgc Group Inc expected to post earnings of 25 cents a share - Earnings Preview

Bgc

26/04/2024 14:51

* Bgc Group Inc  BGC.OQ   BGC.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 30 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
9.8% increase in revenue to $585 million from $532.87 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on February 14 2024, for the
period ended March 31, was for revenue between $560.00 million
and $610.00 million. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Bgc Group Inc is for
earnings
of 25 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
$9.00​, above​ its last closing price of $8.20. ​​​

This summary was machine generated April 26 at 13:51 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)