GCM Grosvenor Q3 Adjusted Earnings, Revenue Increase

MT Newswires Live

2024/11/08

GCM Grosvenor (GCMG) reported Q3 adjusted earnings Friday of $0.16 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.16.

Revenue for the quarter ended Sept. 30 was $122.9 million compared with $121.7 million a year earlier.

Analysts surveyed by Capital IQ expected $123.9 million.

The company said its board approved a $0.11 per share dividend payable on Dec. 16 to shareholders on record Dec. 2.

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