NEW YORK, Nov. 21, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC") Chairman and Chief Executive Officer Howard W. Lutnick provided the following statement:"I am deeply honored to have been nominated by President Donald J. Trump to serve as the 41st U.S. Secretary of Commerce. I look forward to this new chapter in my life, working for President Trump to promote economic growth, drive innovation, and strengthen our nation's financial security. Upon U.S. Senate confirmation, I will step down from my ...

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 ...

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 | --- | |---------------- ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for momentum, addressing the challenges in defining momentum [2] Group 2: BGC Group Performance - BGC Group currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - Over the past week, BGC shares increased by 8.3%, while the Zacks Financial - Investment Bank industry remained flat [6] - BGC shares have risen 11.56% in the last quarter and 65.52% over the past year, significantly outperforming the S&P 500, which increased by 7.29% and 32.85% respectively [7] Group 3: Trading Volume and Earnings Outlook - BGC's average 20-day trading volume is 3,076,542 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, one earnings estimate for BGC has increased, raising the consensus estimate from $0.92 to $0.99, with no downward revisions [10]

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 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 ...

Group 1 - BGC Group reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and up from $0.19 per share a year ago, representing an earnings surprise of 13.04% [1] - The company posted revenues of $561.11 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.34%, compared to year-ago revenues of $482.69 million [2] - BGC Group shares have increased approximately 32.3% since the beginning of the year, outperforming the S&P 500's gain of 21.9% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.22 on revenues of $538.9 million, and for the current fiscal year, it is $0.93 on revenues of $2.21 billion [7] - The Zacks Industry Rank for Financial - Investment Bank is currently in the top 16% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

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 ...