BGC Group Inc

General Cable (NYSE:BGC), a Fortune 500 company headquartered in Highland Heights, Kentucky, is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, specialty and communications markets around the world. The Company offers competitive strengths in such areas as breadth of product line, brand recognition, distribution and logistics, sales and service, and operating efficiency.

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BGC Group Inc reports robust Q2 earnings, eyes FMX futures

BGC Group Inc (BGC) delivered strong financial results in Q2 2024, driven by record revenues and earnings growth, particularly in the FMX segment.
Despite challenges such as inaccuracies in clearing operations and the goal to break even for FMX, strategic plans and opportunities for growth are in place.
Investors should consider BGC's stock value and growth potential, especially with the upcoming launch of FMX futures and the focus on market competitiveness.

BGC Group Inc reports record Q3 revenues and eyes growth opportunities

BGC Group Inc delivered strong Q3 performance with record revenues and significant earnings growth.
While facing rising expenses, the company maintains a solid liquidity position and anticipates continued revenue expansion in Q4.
Strategic acquisitions and product launches position BGC for diversified revenue streams and operational enhancements.

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BGC Group, Inc. engages in the provision of brokerage and financial technology services. It offers trade execution and broker-dealer services specializing in Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. The company was founded on April 19, 2021 and is headquartered in New York, NY.

BGC Group's growth is driven by investments in technology and electronic trading, with the Fenics business leading the way and expected to continue this trend. Recent acquisitions in commodities, energy, and shipping sectors align with anticipated demand for inflation hedges, enhancing BGC's revenue potential. I project sustainable earnings growth in the double-digits going forward, due to impressive momentum in the Fenics business.

BGC Group: Entering A Growth Spurt

BGC Group (BGC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why Momentum in BGC Group (BGC) Should Keep going

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Investors target stocks that are witnessing a bull run. Some of the stocks seeing price strength are CDXC, SEZL, TILE, BGC, CORT.

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Does BGC Group (BGC) have what it takes to be a top stock pick for momentum investors? Let's find out.

BGC Group (BGC) is a Great Momentum Stock: Should You Buy?

BGC Group, Inc. (NASDAQ:BGC ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head, Investor Relations Howard Lutnick - Chairman & Chief Executive Officer Sean Windeatt - Chief Operating Officer Jason Hauf - Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings, and welcome to the BGC Group Incorporated's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

BGC Group, Inc. (BGC) Q3 2024 Earnings Call Transcript

BGC Group (BGC) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.19 per share a year ago.

BGC Group (BGC) Tops Q3 Earnings and Revenue Estimates

BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Oct. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the third quarter ended September 30, 2024. A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables.

BGC Reports Third Quarter 2024 Financial Results

BGC Group (BGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BGC Group (BGC) Reports Next Week: Wall Street Expects Earnings Growth

Acquisition will bolster BGC's Energy, Commodities, and Shipping business NEW YORK , Oct. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, announced today that it has entered into an agreement to acquire OTC Global Holdings, LP ("OTC"), the largest independent institutional energy and commodities brokerage firm. Through this acquisition, BGC Group will further expand and diversify its global Energy, Commodities, and Shipping ("ECS") business.

BGC Group announces agreement to acquire OTC Global Holdings

NEW YORK , Oct. 10, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced it recently acquired Sage Energy Partners, LP ("Sage"), an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. and support BGC's global growth efforts across its Energy, Commodities, and Shipping ("ECS") business.

BGC Group expands energy and environmental brokerage services with acquisition of Sage Energy Partners

BGC Group (BGC) is on the Move, Here's Why the Trend Could be Sustainable

Conference call to be hosted at 10:00 a.m. ET NEW YORK , Oct. 7, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 8:00 a.m.

BGC Group to Report Third Quarter 2024 Financial Results on October 31, 2024

NEW YORK , Sept. 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending September 30, 2024.

BGC Group Updates its Outlook for the Third Quarter of 2024

NEW YORK , Sept. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced that it had extended its offer (the "exchange offer") to exchange up to $500 million aggregate principal amount of its outstanding 6.600% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 6.600% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes").

BGC Group Announces Extension of Exchange Offer for its 6.600% Senior Notes Due 2029

Exchange launches with SOFR futures NEW YORK , Sept. 24, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and ten of the world's leading investment banks and market-making firms today announced the successful launch of the highly anticipated FMX Futures Exchange.

BGC Group launches FMX Futures Exchange

NEW YORK , Sept. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and 10 of the world's leading investment banks and market-making firms today announced they will launch the highly anticipated FMX Futures Exchange ("FMX"), an exchange for U.S. interest rate futures, the most widely traded futures contracts in the world, on Monday, September 23, 2024 at 9:00 p.m.

BGC Group's FMX Futures Exchange to launch on September 23, 2024

Webcast Available for Investors NEW YORK , Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Barclays 22nd Annual Global Financial Services Conference at 9:00 a.m.

BGC Group to Present at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024

NEW YORK , Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced an offer to exchange up to $500 million aggregate principal amount of its outstanding 6.600% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 6.600% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes"). $500 million aggregate principal amount of Old Notes were issued and sold by the Company in June 2024 in a private offering.

BGC Announces Launch of Exchange Offer for its 6.600% Senior Notes due 2029

To be held on Monday, September 16, 2024, at 10:00 a.m. ET NEW YORK , Aug. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced details on its annual meeting of stockholders, which will be held virtually at 10:00 a.m.

BGC Group Announces its 2024 Virtual Annual Meeting of Stockholders

BGC Group, Inc. (NASDAQ:BGC ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head of IR Howard Lutnick - Chairman of the Board & CEO Sean Windeatt - COO & Co-Global Head of Brokerage Jason Hauf - EVP & CFO Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings. Welcome to BGC Group Incorporated Second Quarter 2024 Earnings Call.

BGC Group, Inc. (BGC) Q2 2024 Earnings Call Transcript

BGC Group (BGC) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.20 per share a year ago.

BGC Group (BGC) Q2 Earnings Meet Estimates

BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , July 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the second quarter ended June 30, 2024. A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables.

BGC Reports Second Quarter 2024 Financial Results

Conference call to be hosted at 10:00 a.m. ET NEW YORK , July 9, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its second quarter 2024 financial results on Tuesday, July 30, 2024, at approximately 8:00 a.m.

BGC Group to Report Second Quarter 2024 Financial Results on July 30, 2024

NEW YORK , June 28, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending June 30, 2024. Updated Outlook  BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2024.

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