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BGC Group's Q3 Adjusted Earnings, Revenue Rise; Q4 Outlook Issued
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BGC Group's Q3 Adjusted Earnings, Revenue Rise; Q4 Outlook Issued
Oct 31, 2024 7:41 AM

10:12 AM EDT, 10/31/2024 (MT Newswires) -- BGC Group ( BGC ) reported Q3 adjusted earnings Thursday of $0.26 per share, up from $0.19 a year earlier.

A single analyst polled by Capital IQ expected $0.23.

Total revenue for the quarter ended Sept. 30 was $561.1 million, up from $482.7 million a year earlier.

A single analyst surveyed by Capital IQ expected $543 million.

The company said it expects Q4 revenue of $545 million to $595 million. A single analyst surveyed by Capital IQ expects $538.9 million.

The company expects Q4 pre-tax adjusted earnings of $122 million to $138 million.

BGC Group ( BGC ) declared a quarterly cash dividend of $0.02 per share, payable Dec. 4 to stockholders of record as of Nov. 21.

Price: 9.55, Change: -0.01, Percent Change: -0.05

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