BGC Group Q2 Earnings Beat Estimates, Revenue Up 42.3%
ByAinvest
Thursday, Jul 31, 2025 10:15 am ET1min read
BGC--
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
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
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet