BGC Group Q2 Earnings Beat Estimates, Revenue Up 42.3%

BGC Group, Inc. reported Q2 earnings of $55.1 million, or $0.11 per share, a significant increase from last year's $36.1 million, or $0.08 per share. The company's revenue rose 42.3% to $784 million, and adjusted earnings were $153.74 million or $0.31 per share, in line with analyst estimates.

BGC Group, Inc. (BGC) reported its second-quarter earnings on Thursday, demonstrating robust financial performance. The New York-based brokerage company reported a profit of $57.5 million, with earnings per share (EPS) of $0.11, a significant increase from the same period last year when earnings were $36.1 million, or $0.08 per share [1].

Revenue for the quarter rose 42.3% to $784 million, surpassing analysts' expectations. Adjusted earnings, excluding non-recurring items, were $153.74 million or $0.31 per share, in line with analysts' estimates [2]. The company's revenue net of interest expense was $784 million, beating Street forecasts.

Looking ahead, BGC Group expects revenue for the current quarter ending in September to range between $715 million and $765 million. The company also expects pre-tax adjusted earnings for the third quarter to be in a range of $150 million to $165 million [3].

The company's stock has climbed 7% since the beginning of the year and has increased almost 9% in the last 12 months. BGC Group's Board has declared a quarterly qualified cash dividend of $0.02 per share, payable on September 3, to Class A and Class B common stockholders of record August 20, 2025 [3].

Sean Windeatt, Co-Chief Executive Officer, commented, "Following our most recent acquisition, we launched a cost reduction program, which we expect will be completed by year-end and deliver at least $25 million in annualized savings through expense synergies."

References:
[1] https://sg.finance.yahoo.com/news/bgc-group-q2-earnings-snapshot-122522824.html
[2] https://www.nasdaq.com/articles/bgc-group-inc-q2-profit-increases-inline-estimates
[3] https://www.nasdaq.com/articles/bgc-q2-profit-climbs-529