* GCM Grosvenor Inc GCMG.OQ reported quarterly adjusted
earnings
of 27 cents per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 17 cents. The mean expectation of six analysts
for the quarter was for earnings of 23 cents per share. Wall
Street expected results to range from 20 cents to 27 cents per
share.
* Revenue rose 41.8% to $165.26 million from a year ago;
analysts
expected $161.10 million.
* GCM Grosvenor Inc's reported EPS for the quarter was 9
cents.
* The company reported quarterly net income of $7.62
million.
* GCM Grosvenor Inc shares had risen by 10.5% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* 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 average consensus recommendation for the investment
management & fund operators peer group is also "buy"
Wall Street's median 12-month price target for GCM Grosvenor Inc
is $13.00
This summary was machine generated from LSEG data February 10 at
02:31 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
Dec. 31 2024 0.23 0.27 Beat
Sep. 30 2024 0.15 0.15 Met
Jun. 30 2024 0.15 0.15 Met
Mar. 31 2024 0.14 0.14 Met