GCM Grosvenor Inc reports results for the quarter ended March 31 - Earnings Summary

GCM Grosvenor

07/05/2025 14:31

GCM Grosvenor Inc GCMG.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 14 cents.  The mean expectation of five analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 17 cents to 19 cents per share.

Revenue rose 15.6% to $125.85 million from a year ago; analysts expected $125.67 million.

GCM Grosvenor Inc's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $463 thousand.

GCM Grosvenor Inc shares had fallen by 4.5% this quarter and gained 2.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $14.25

This summary was machine generated from LSEG data May 7 at 01:31 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
Mar. 31 2025
0.18
0.18
Met
Dec. 31 2024
0.23
0.27
Beat
Sep. 30 2024
0.15
0.15
Met
Jun. 30 2024
0.15
0.15
Met