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- NasdaqGS:BGC
BGC Group Full Year 2024 Earnings: EPS: US$0.26 (vs US$0.08 in FY 2023)
BGC Group (NASDAQ:BGC) Full Year 2024 Results
Key Financial Results
- Revenue: US$2.17b (up 12% from FY 2023).
- Net income: US$121.2m (up 256% from FY 2023).
- Profit margin: 5.6% (up from 1.7% in FY 2023).
- EPS: US$0.26 (up from US$0.08 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BGC Group Earnings Insights
The primary driver behind last 12 months revenue was the United Kingdom segment contributing a total revenue of US$780.2m (36% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$1.73b (95% of total expenses). Explore how BGC's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for BGC Group you should be aware of.
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About NasdaqGS:BGC
BGC Group
Operates as a financial brokerage and technology company in the United States and internationally.
Excellent balance sheet with proven track record.