GCM Grosvenor Inc. (GCMG) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for GCM Grosvenor Inc. due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - GCM Grosvenor is expected to report quarterly earnings of $0.24 per share, reflecting a year-over-year increase of +41.2% [3]. - Revenues are projected to reach $164.59 million, also up 41.2% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for GCM Grosvenor is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.54%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, but its predictive power is stronger for positive readings [7][8]. - GCM Grosvenor's current Zacks Rank is 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, GCM Grosvenor exceeded the consensus EPS estimate by +6.67%, with actual earnings of $0.16 per share compared to an expected $0.15 [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Industry Comparison - Victory Capital Holdings, another player in the investment management industry, is expected to report earnings of $1.37 per share, a year-over-year increase of +19.1%, with revenues projected at $231.17 million, up 12.3% [17]. - Victory Capital's consensus EPS estimate has been revised 2.7% lower in the last 30 days, resulting in an Earnings ESP of -0.37% and a Zacks Rank of 4, indicating difficulty in predicting an earnings beat [18].