Bgc Group Inc reports results for the quarter ended June 30 - Earnings Summary
Bgc Group Inc reports results for the quarter ended June 30 - Earnings Summary
Bgc Group Inc BGC.OQ reported quarterly adjusted earnings of 35 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of two analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 33 cents to 34 cents per share.
Revenue rose 7.9% to $845.55 million from a year ago; analysts expected $812.77 million.
Bgc Group Inc's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $69.6 million.
Bgc Group Inc shares had risen by 10.1% this quarter and gained 31.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is "buy."
Wall Street's median 12-month price target for Bgc Group Inc is $15.50, about 24.1% above its last closing price of $11.77
This summary was machine generated from LSEG data July 30 at 05:50 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.34 | 0.35 | Beat |
Mar. 31 2026 | 0.41 | 0.41 | Met |
Dec. 31 2025 | 0.29 | 0.31 | Beat |
Sep. 30 2025 | 0.28 | 0.29 | Beat |
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