BGC(BGC)

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BGC Group: Entering A Growth Spurt
Seeking Alpha· 2024-11-12 09:24
BGC Group (NASDAQ: BGC ) has improved its growth prospects with recent investments in technology and fully electronic trading solutions. The Fenics business is driving recent growth in the fundamentals, and I expect this trend to continueAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and ...
BGC(BGC) - 2024 Q3 - Quarterly Report
2024-11-08 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ Class A Common Stock, $0.01 par value BGC The Nasdaq Stock Market, LLC FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | |---------------- ...
BGC Group (BGC) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-05 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
BGC(BGC) - 2024 Q3 - Earnings Call Transcript
2024-10-31 20:54
BGC Group, Inc. (NASDAQ:BGC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head, Investor Relations Howard Lutnick - Chairman & Chief Executive Officer Sean Windeatt - Chief Operating Officer Jason Hauf - Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings, and welcome to the BGC Group Incorporated's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-a ...
BGC(BGC) - 2024 Q3 - Earnings Call Presentation
2024-10-31 19:55
BGC GROUP, INC. NASDAQ: BGC EARNINGS PRESENTATION Q3 2024 ¯bgc 2 DISCLAIMER DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT BGC Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking ...
BGC Group (BGC) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 14:30
BGC Group (BGC) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this brokerage company would post earnings of $0.23 per share when it actually produced earnings of $0.23, delivering no surprise.Over the last four quarters, the company has su ...
BGC(BGC) - 2024 Q3 - Quarterly Results
2024-10-31 12:03
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 Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-10-31 12:00
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) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-24 15:06
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 ...
BGC Group announces agreement to acquire OTC Global Holdings
Prnewswire· 2024-10-22 11:00
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. ...