BGC Stock Recent News

Here is how BGC Group (BGC) and Coinbase Global, Inc. (COIN) have performed compared to their sector so far this year.

BGC Group, Inc. (NASDAQ:BGC ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head of Investor Relations Howard Lutnick - Chairman of the Board & Chief Executive Officer Sean Windeatt - COO & Co-Global Head of Brokerage Jason Hauf - Executive Vice President & Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings, and welcome to the BGC Group First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

BGC Group (BGC) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago.

Brokerage BGC Group said on Thursday its exchange platform FMX Futures was valued at $667 million after securing investment from a consortium including Bank of America and Citigroup.

BGC Group Inc. (BGC) Q4 2023 Earnings Call Transcript

Here's our daily look at three charts linked to recent news-driven price moves, with key technical levels to watch.

BGC Group (BGC) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago.

BGC Group Inc.'s share price has been steadily increasing as the financial sector recovers from earlier volatility. The company's recent financial report showed strong revenue and EBITDA growth, with energy and commodities contributing significantly. The launch of the FMX platform could be a bullish sign for BGC and potentially attract new customers, leading to double-digit EPS growth.

BGC Group (BGC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.