GCM Grosvenor Inc expected to post earnings of 18 cents a share - Earnings Preview

GCM Grosvenor

09/02/2024 21:02

* GCM Grosvenor Inc  GCMG.OQ   GCMG.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
28.0% increase in revenue to $127.767 million from $99.83
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 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $9.50​, above​ its last closing price of $8.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.11        0.11       0.46      Beat    311.9​
 Dec. 31 2022  0.13        0.13       0.12      Missed  -8
 ​​Sep.        0.11        0.11       0.14      Beat    24.1
 30 2022                                                
 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. 31 2021  0.24        0.25       0.30      Beat    22.4
 This summary was machine generated February 9 at 21:02 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)