financetom
Business
financetom
/
Business
/
BGC Group Updates Q3 Revenue, Pre-Tax Adjusted Earnings Guidance; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BGC Group Updates Q3 Revenue, Pre-Tax Adjusted Earnings Guidance; Shares Rise After Hours
Sep 30, 2024 9:21 PM

04:36 PM EDT, 09/30/2024 (MT Newswires) -- BGC Group ( BGC ) said late Monday it expects revenue and pre-tax adjusted earnings to be around the "high-end" of its previously announced Q3 outlook.

On July 30, the company set out a Q3 revenue forecast of $505 million to $555 million and pre-tax adjusted earnings guidance of between $110 million and $127 million.

One analyst polled by Capital IQ expects revenue of $530 million.

Shares of the company rose 1.2% in after-hours activity.

Price: 9.29, Change: +0.11, Percent Change: +1.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Targa Issues Shares to Complete Its Acquisition of the Opinaca and Superior Properties
Targa Issues Shares to Complete Its Acquisition of the Opinaca and Superior Properties
Jul 22, 2024
04:54 PM EDT, 07/22/2024 (MT Newswires) -- Targa Exploration ( TRGEF ) on Monday said it completed the acquisition of the Opinaca gold and lithium project in Quebec and the Superior project in Manitoba as it issued the final shares due to Kenorland Minerals ( KLDCF ) to complete its commitment for the projects. The company has issued 948,925 shares...
Simpson Manufacturing Q2 Earnings, Sales Decline -- Shares Fall After Hours
Simpson Manufacturing Q2 Earnings, Sales Decline -- Shares Fall After Hours
Jul 22, 2024
04:52 PM EDT, 07/22/2024 (MT Newswires) -- Simpson Manufacturing ( SSD ) reported Q2 earnings late Monday of $2.31 per diluted share, down from $2.50 a year earlier. Three analysts polled by Capital IQ expected $2.48 per share. Net sales for the quarter ended June 30 were $597 million, down from $597.6 million a year earlier. Three analysts surveyed by...
RLI's Q2 Operating Earnings, Revenue Rise
RLI's Q2 Operating Earnings, Revenue Rise
Jul 22, 2024
04:54 PM EDT, 07/22/2024 (MT Newswires) -- RLI (RLI) reported Q2 operating earnings late Monday of $1.72 per share, up from $1.16 a year earlier. Analysts polled by Capital IQ expected normalized EPS of $1.34. Revenue for the quarter ended June 30 was $416.4 million, up from $381.9 million a year earlier. Three analysts surveyed by Capital IQ expected $405.3...
Warner Bros Discovery's TNT Sports to match competing bid for NBA broadcast rights
Warner Bros Discovery's TNT Sports to match competing bid for NBA broadcast rights
Jul 22, 2024
July 22 (Reuters) - Warner Bros Discovery's ( WBD ) sports network TNT Sports said on Monday it would exercise its rights to match one of three bids to carry National Basketball Association games, in an effort to preserve its four-decade long partnership with the league. TNT Sports did not say which of the NBA programming packages it was seeking...
Copyright 2023-2026 - www.financetom.com All Rights Reserved