BGC Group Q2 Adjusted Earnings, Revenue Rise; Shares Down

MT Newswires Live

Jul 30

BGC Group (BGC) shares were 0.9% lower in early Thursday trading after the company posted its Q2 financial results.

The company reported Q2 adjusted earnings Thursday of $0.35 per diluted share, up from $0.31 a year earlier.

Two analysts polled by FactSet expected $0.34.

Revenue for the quarter ended June 30 was $845.5 million, up from $784 million a year earlier.

Two analysts expected $812.8 million.

The company said it expects Q3 pre-tax adjusted earnings of $172 million to $190 million, and revenue of $775 million to $835 million. Two analysts expect $814.3 million in revenue.

The board maintained a quarterly cash dividend of $0.02 per share, payable on Sept. 2 to shareholders of record as of Aug. 19.

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Two analysts expect $814.3 million in revenue.</p><p>The board maintained a quarterly cash dividend of $0.02 per share, payable on Sept. 2 to shareholders of record as of Aug. 19.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BGC","symbol_name":"BGC GROUP","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655803217","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655803217","pubTimestamp":1785419032,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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