BGC Group ($BGC) Gearing Up To Release Q3 2024 Earnings Report

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The third quarter financial results of BGC Group (BGC) will be revealed on Thursday 31st October 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.

Financial analysts on Wall Street are predicting that the organization is expected to report an estimated per share $0.23 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $543 million during this period.

In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.19. This was credited to the company's total revenue, which reached an impressive $482.69 million in that particular timeframe.

Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $2.21 billion. Additionally, they expect the company to post profit of $0.93 per share for the fiscal year.

 

BGC will host a conference call with investment community on 31st October 2024 at 10:00 AM eastern time to discuss the financial results.

BGC Group (BGC) closed Tuesday's regular trading session at $9.44, indicating a 0.85 percent rise. During the day, BGC shares traded between $9.26 and $9.51, with a day volume of 1.97 million shares.