GCM Grosvenor Inc expected to post earnings of 11  cents a share - Earnings Preview

GCM Grosvenor

08/05/2023 18:18

* GCM Grosvenor Inc  GCMG.OQ   GCMG.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 10. 
    * The Chicago Illinois-based  company is expected to report 
a
1.8% decrease in revenue to $103.199 million from $105.13
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GCM Grosvenor Inc
is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GCM
Grosvenor Inc
is $10​, above​ its last closing price of $7.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.13        0.13       0.12      Missed  -8
 Sep. 30 2022  0.11        0.11       0.14      Beat    24.1
 Jun. 30 2022  0.13        0.13       0.12      Missed  -7.7​
 Mar. 31 2022  0.12        0.13       0.12      Missed  -7.7
 ​​Dec.        0.24        0.25       0.30      Beat    22.4
 31 2021                                                
 Sep. 30 2021  0.13        0.12       0.13      Beat    5.4​
 Jun. 30 2021  0.09        0.10       0.10      Met     5.3
 Mar. 31 2021  0.08        0.08       0.10      Beat    33.3
 This summary was machine generated May 8 at 17:18 GMT.  All
figures in US dollars  unless otherwise stated