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

In the last 12 months, the only revenue segment was Providing Brokerage Services contributing US$2.17b. 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 11% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - BGC Group has 1 warning sign we think you should be aware of.

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