GCM Grosvenor (NASDAQ:GCMG – Get Free Report) is scheduled to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect GCM Grosvenor to post earnings of $0.14 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
GCM Grosvenor (NASDAQ:GCMG – Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.08). GCM Grosvenor had a net margin of 2.87% and a negative return on equity of 76.61%. The company had revenue of $116.56 million for the quarter, compared to the consensus estimate of $127.29 million. On average, analysts expect GCM Grosvenor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
GCM Grosvenor Trading Up 0.6 %
NASDAQ:GCMG opened at $9.68 on Monday. The company has a market cap of $1.81 billion, a PE ratio of -33.38 and a beta of 0.51. The company has a 50 day simple moving average of $9.11 and a two-hundred day simple moving average of $8.75. GCM Grosvenor has a 12 month low of $6.56 and a 12 month high of $9.71.
GCM Grosvenor Dividend Announcement
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. TD Cowen raised GCM Grosvenor from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $9.50 to $10.00 in a research note on Friday, February 16th. UBS Group raised their target price on shares of GCM Grosvenor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Friday, April 12th. Finally, Oppenheimer reduced their price objective on shares of GCM Grosvenor from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 14th.
Read Our Latest Report on GCM Grosvenor
About GCM Grosvenor
GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.
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