Yahoo Finance BGC Group Full Year 2023 Earnings: EPS: US$0.08 (vs US$0.13 in FY 2022)
BGC Group (NASDAQ:BGC) Full Year 2023 Results
Key Financial Results
Revenue: US$1.95b (up 12% from FY 2022).
Net income: US$34.1m (down 30% from FY 2022).
Profit margin: 1.7% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses.
EPS: US$0.08 (down from US$0.13 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BGC Group Earnings Insights
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are up 1.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - BGC Group has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
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