Stock Track | GCM Grosvenor Soars 5.83% Pre-Market as Q4 Earnings Beat Estimates

Stock Track
02-10

GCM Grosvenor Inc (GCMG) stock soared 5.83% in pre-market trading on Monday, February 10th, following the company's strong fourth quarter 2024 earnings report.

The alternative asset management firm reported adjusted net income of $0.27 per diluted share for Q4, surpassing analysts' expectations of $0.23 per share. Total operating revenue for the quarter came in at $165.3 million, up 41.8% year-over-year and topping the $161.1 million consensus estimate.

The robust earnings beat and revenue growth appeared to drive investor optimism, as GCM Grosvenor also announced a maintained quarterly dividend of $0.11 per share and a $50 million increase to its existing share repurchase authorization. With the positive financial results, the company's Board of Directors expressed confidence in GCM Grosvenor's growth prospects and commitment to returning value to shareholders.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10