08:45 AM EDT, 07/30/2024 (MT Newswires) -- BGC Group ( BGC ) reported Q2 adjusted earnings Tuesday of $0.23 per share, up from $0.20 a year earlier.

A single analyst polled by Capital IQ expected $0.23.

Revenue for the quarter ended June 30 was $550.8 million, up from $493.1 million a year earlier.

A single analyst surveyed by Capital IQ expected $545 million.

For Q3, the company said it expects revenue of $505 million to $555 million. A single analyst polled by Capital IQ expects $534.1 million.

Pre-tax adjusted earnings for the quarter are expected to be between $110 million and $127 million, BGC said.

The company declared a quarterly dividend to $0.02 per share, payable Sept. 3 to stockholders of record as of Aug. 19.

Shares of the company were up 2.3% in recent premarket activity.

Price: 9.50, Change: +0.21, Percent Change: +2.26