BGC Group updates its Q3 2024 outlook
BGC Group, Inc. (NASDAQ:BGC), global marketplace, data, and financial technology services company, has updated its outlook for the quarter ending September 30, 2024.
BGC expects revenues and pre-tax adjusted earnings earnings to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2024.
The company has previously forecast Q3 2024 revenues in the range from $505 million to $555 million. Pre-tax adjusted earnings are expected to be in the range from $110 million to $127 million.