GCM Grosvenor Inc expected to post earnings of 23 cents a share - Earnings Preview

Reuters
07 Feb
GCM Grosvenor Inc <gcmg.oq> expected to post earnings of 23 cents a share - Earnings Preview </gcmg.oq>
  • GCM Grosvenor Inc GCMG.OQ GCMG.O is expected to show a rise in quarterly revenue when it reports results on February 10 for the period ending December 31 2024

  • The Chicago Illinois-based company is expected to report a 38.2% increase in revenue to $161.1 million from $116.56 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for GCM Grosvenor Inc is for earnings of 23 cents per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for GCM Grosvenor Inc is $13.00​, below​ its last closing price of $13.70. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.15

0.15

0.15

Met

-2.2

Jun. 30 2024

0.14

0.15

0.15

Met

3.4

Mar. 31 2024

0.14

0.14

0.14

Met

-2.3​

Dec. 31 2023

0.18

0.18

0.17

Missed

-2.9

​​Sep. 30 2023

0.14

0.14

0.15

Beat

9.1

Jun. 30 2023

0.11

0.11

0.12

Beat

9.1​

Mar. 31 2023

0.11

0.11

0.46

Beat

311.9

Dec. 31 2022

0.13

0.13

0.12

Missed

-8

This summary was machine generated February 7 at 14:17 GMT. 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)

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