GCM Grosvenor Inc expected to post earnings of 14 cents a share - Earnings Preview

GCM Grosvenor

06/08/2024 19:34

* GCM Grosvenor Inc  GCMG.OQ   GCMG.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 8 for
the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
5.3% increase in revenue to $113.3 million from $107.61 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for GCM Grosvenor Inc is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $11.25​, above​ its last closing price of $10.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.14        0.14       0.14      Met     -2.3
 Dec. 31 2024  0.18        0.18       0.17      Missed  -2.9
 Sep. 30 2023  0.14        0.14       0.15      Beat    9.1​
 Jun. 30 2023  0.11        0.11       0.12      Beat    9.1
 ​​Mar.        0.11        0.11       0.46      Beat    311.9
 31 2023                                                
 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
 This summary was machine generated August 6 at 18:34 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)