BGC GROUP REPC ORTS THIRD QUARTER 2024 FINANCIAL RESULTS EXHIBIT 99.1 NEW YORK – October 31, 2024 – BGC Group, Inc. (Nasdaq: BGC) today reported its financial results Howard W. Lutnick, Chairman and CEO: "We delivered record third quarter revenues of $561 million, up 16 percent compared to last year. Our strong performance reflected growth across every asset class and region, which drove our pre-tax Adjusted Earnings up more than 24 percent. We agreed to acquire OTC Global Holdings, the largest independent ...

BGC Declares Quarterly Dividend of 2 CentsConference Call to Discuss Results Scheduled for 10:00 AM ET TodayNEW YORK, Oct. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the third quarter ended September 30, 2024.A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables. ...

BGC Group (BGC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are better than ...

Acquisition will bolster BGC's Energy, Commodities, and Shipping businessNEW YORK, Oct. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, announced today that it has entered into an agreement to acquire OTC Global Holdings, LP ("OTC"), the largest independent institutional energy and commodities brokerage firm. Through this acquisition, BGC Group will further expand and diversify its global Energy, Commodities, and Shipping ("ECS") business. ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced it recently acquired Sage Energy Partners, LP ("Sage"), an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. and support BGC's global growth efforts across its Energy, Commodities, and Shipping ("ECS") business. The firm's ECS business has rapidly become the firm's second largest global asset class. ...

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a stock trend for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - BGC Group is identified as a suitable candidate that passed through this screening process, showing a solid price increase of 7.2% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - BGC has also maintained a price increase of 3% over the last four weeks, indicating that the upward trend is still intact [5]. Group 2: Fundamental Strength - BGC currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, suggesting that BGC has the potential for significant returns [7]. - The Average Broker Recommendation for BGC is 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - The article suggests that the price trend for BGC may remain positive in the near future, and encourages investors to explore other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can assist in identifying potential winning stocks [8].

Conference call to be hosted at 10:00 a.m. ET NEW YORK, Oct. 7, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at approximately 8:00 a.m. ET on Thursday, October 31, 2024, which will be accessible at h ...

NEW YORK, Sept. 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending September 30, 2024. Updated Outlook BGC expects to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2024. The Company's outlook was contained in BGC's financial results press release issued on July 30, 2024, which can be found at http://ir.bgcg.com. Non-GAAP Financial Measures The non-GA ...

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced that it had extended its offer (the "exchange offer") to exchange up to $500 million aggregate principal amount of its outstanding 6.600% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 6.600% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes"). An aggregate principal amount of $500 million of Old Notes was issued and sold by ...

Exchange launches with SOFR futures NEW YORK, Sept. 24, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and ten of the world's leading investment banks and market-making firms today announced the successful launch of the highly anticipated FMX Futures Exchange. The exchange is now open for trading SOFR futures, the largest notional futures contract in the world, and will add U.S. treasury futures in the first quarter of 2025. BGC Group LogoBGC Group Logo "We are excited to introduce real competition to t ...