GCM Grosvenor Q2 2024 Adj. EPS $0.15 Beats $0.14 Estimate, Sales $116.954M Beat $113.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
GCM Grosvenor (NASDAQ:GCMG) reported Q2 2024 adjusted EPS of $0.15, beating the $0.14 estimate. Sales were $116.954M, surpassing the $113.300M estimate and showing an 8.68% increase from last year's $107.613M.
August 08, 2024 | 12:10 pm
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GCM Grosvenor reported Q2 2024 adjusted EPS of $0.15, beating the $0.14 estimate. Sales were $116.954M, surpassing the $113.300M estimate and showing an 8.68% increase from last year's $107.613M.
GCM Grosvenor's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The company's performance indicates strong financial health and growth, which should boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100