GCM Grosvenor Q2 Adj EPS $0.12 Beats $0.11 Estimate, Sales $107.61M Beat $102.97M Estimate
Portfolio Pulse from totan@benzinga.com
GCM Grosvenor (NASDAQ:GCMG) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. The company also reported quarterly sales of $107.61 million, surpassing the analyst consensus estimate of $102.97 million by 4.51%. This represents a 3.12% increase over sales from the same period last year.
August 09, 2023 | 12:07 pm
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GCM Grosvenor's Q2 earnings and sales exceeded analyst estimates, which could lead to a positive market reaction.
GCM Grosvenor's Q2 earnings and sales beat analyst estimates, which is typically a positive signal for investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
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RELEVANCE 100