News
BGC
8.22
+1.99%
0.16
BGC Group First Quarter 2024 Earnings: EPS: US$0.10 (vs US$0.051 in 1Q 2023)
BGC Group's revenue is forecast to grow 11% p.a. On average during the next 2 years. The company's shares are down 3.0% from a week ago. BGC Group reported its first quarter 2024 results on May 2nd 2024. Revenue for the quarter was up 8.5% to US$558.5m.
Simply Wall St · 2d ago
Gunning For CME's Golden Goose
FMX Futures Exchange, launched by BGC Group, aims to challenge CME Group's dominance in the Treasury and interest rate futures markets. The odds of FMX succeeding in breaking CME’s monopoly are low. CME is the world's largest futures exchange for US Treasuries.
Seeking Alpha · 2d ago
How The Parts Add Up: SLYG Targets $95
NASDAQ · 3d ago
REFILE-UPDATE 1-FMX-owner BGC's profit jumps on rates, energy trading
BGC Group's first-quarter profit jumps on higher trading volumes in rates and energy businesses. Firm's shares fall 3.5% on a day of weakness in the broader markets. BGC's FMX exchange is looking to take on derivatives giant CME Group.
Reuters · 4d ago
BGC Group (BGC) Q1 Earnings Match Estimates
NASDAQ · 4d ago
*BGC Group 1Q Rev $578.6M >BGC
Dow Jones · 4d ago
*BGC Group 1Q EPS 10c >BGC
Dow Jones · 4d ago
*BGC Group 1Q Adj EPS 25c >BGC
Dow Jones · 4d ago
BGC Group Non-GAAP EPS of $0.25, revenue of $578.6M
Seeking Alpha · 4d ago
BGC Group Q1 2024 Adj EPS $0.25, Inline, Sales $578.614M Miss $585.000M Estimate
BGC Group reported quarterly earnings of $0.25 per share. The company reported quarterly sales of $578.614 million which missed the analyst consensus estimate of $585.000 million by 1.09 percent. BGC Group's quarterly sales were up 8.59 percent over the same period last year.
Benzinga · 4d ago
BGC GROUP INC: IN QTR POST-TAX ADJUSTED EPS IMPROVED BY 8.7% TO $0.25 PER SHARE
Reuters · 4d ago
BGC Group Q1 2024 Earnings Preview
Seeking Alpha · 5d ago
Notable earnings before Tuesday's open
Major earnings expected before the bell on Tuesday include: The Coca-Cola, McDonald's, 3M Company and PayPal Holdings. Other major earnings slated for release before Tuesday's open include: Enterprise Products Partners, GEHC, and The McDonald's Company. Earnings before the open are listed on Seeking Alpha's earnings calendar.
Seeking Alpha · 5d ago
Weekly Report: what happened at BGC last week (0422-0426)?
Weekly Report · 5d ago
Piper Sandler Keeps Their Buy Rating on BGC Group (BGC)
TipRanks · 04/26 11:49
O'Keefe Stevens Advisory Q1 2024 Investor Letter
Seeking Alpha · 04/26 09:00
UPDATE 1-BGC Group's FMX Futures gets funding from banking consortium
BGC Group's FMX Futures gets funding from banking consortium. The exchange platform will rival CME Group in the interest rates derivatives market. FMX is expected to launch in September 2024. The consortium includes Bank of America, Citigroup and Goldman Sachs. BGC Group says its exchange platform valued at $667 million.
Reuters · 04/25 16:23
UPDATE 2-BGC Group's FMX Futures takes aim at 'heavyweight champ' CME
BGC Group's FMX Futures platform joins forces with Wall Street's biggest banks to take on CME Group. FMX currently offers trading in cash U.S. Treasuries and spot currencies. Group of financial firms including Bank of America make minority equity investments in FMX. FMx aims to compete with CME in the interest rates derivatives market.
Reuters · 04/25 16:23
UPDATE 3-BGC Group takes aim at 'heavyweight champ' CME exchange
BGC Group's BGC.O FMX business to take on leading exchange operator CME Group. Financial firms including Bank of America and Goldman Sachs make minority equity investments in FMX. FMX aims to compete with CME in the interest rates derivatives market. CME has 99% of the futures market in America.
Reuters · 04/25 16:23
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About BGC
BGC Group, Inc. is a global brokerage and financial technology company servicing the financial markets. The Company, through its affiliates, specializes in the brokerage of a range of products, including fixed income, foreign exchange, equities, energy and commodities, shipping, and futures. It also provides a variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a range of financial and non-financial institutions. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, KACE and Lucera, it offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. It serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments and corporations.