BGC Group (BGC) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - The market anticipates BGC Group to report a year-over-year increase in earnings driven by higher revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - BGC Group is expected to post quarterly earnings of $0.31 per share, reflecting a year-over-year increase of +34.8% [3]. - Revenues are projected to reach $767.8 million, which is a 39.4% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for BGC Group aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a positive ESP being a strong predictor of an earnings beat [9][10]. - BGC Group currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [12]. Historical Performance - In the last reported quarter, BGC Group met the expected earnings of $0.29 per share, resulting in no surprise [13]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [14]. Industry Comparison - In the Zacks Financial - Investment Bank industry, Robinhood Markets is expected to report earnings of $0.31 per share, indicating a year-over-year change of +47.6% and projected revenues of $915.2 million, up 34.2% from the previous year [18][19]. - Robinhood Markets has seen a 9.6% upward revision in its EPS estimate over the last 30 days and has a positive Earnings ESP of +0.81%, suggesting a higher likelihood of beating the consensus estimate [19][20].