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.

Here is how BGC Group (BGC) and Coinbase Global, Inc. (COIN) have performed compared to their sector so far this year.

Is BGC Group, Inc. (BGC) Outperforming Other Finance Stocks This Year?

Webcast Available for Investors NEW YORK , May 29, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Morgan Stanley US Financials, Payments & CRE Conference at 11:00 a.m.

BGC Group to Present at the Morgan Stanley US Financials, Payments & CRE Conference on June 11, 2024

Is BGC Group, Inc. (BGC) Stock Outpacing Its Finance Peers This Year?

BGC Group (BGC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

BGC Group (BGC) Is a Great Choice for 'Trend' Investors, Here's Why

Webcast Available for Investors NEW YORK , May 23, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Piper Sandler Global Exchange & Trading Conference at 11:00 a.m.

BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2024

BGC Group, Inc. (NASDAQ:BGC ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head of Investor Relations Howard Lutnick - Chairman of the Board & Chief Executive Officer Sean Windeatt - COO & Co-Global Head of Brokerage Jason Hauf - Executive Vice President & Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings, and welcome to the BGC Group First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

BGC Group, Inc. (BGC) Q1 2024 Earnings Call Transcript

BGC Group (BGC) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago.

BGC Group (BGC) Q1 Earnings Match Estimates

BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , April 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the first quarter ended March 31, 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 First Quarter 2024 Financial Results

Brokerage BGC Group said on Thursday its exchange platform FMX Futures was valued at $667 million after securing investment from a consortium including Bank of America and Citigroup.

BGC Group's FMX Futures gets funding from banking consortium

FMX closes transaction with strategic investors at a $667 million post-money equity valuation NEW YORK , April 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that Bank of America, Barclays, Citadel Securities, Citi, Goldman Sachs, J.P. Morgan, Jump Trading Group, Morgan Stanley, Tower Research Capital, and Wells Fargo have become minority equity owners of FMX, with a post-money equity valuation of $667 million.

Ten global investment banks and market making firms join BGC in the creation of FMX to launch premier U.S. Treasury and U.S. Interest Rate Futures trading marketplace

Conference call to be hosted at 10:00 a.m. ET NEW YORK , April 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its first quarter 2024 financial results on Tuesday, April 30, 2024, at approximately 8:00 a.m.

BGC Group to Report First Quarter 2024 Financial Results on April 30, 2024

NEW YORK , March 28, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending March 31, 2024. Updated Outlook BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the first quarter of 2024.

BGC Group Updates its Outlook for the First Quarter of 2024

Company repurchased approximately 10 million shares quarter to date NEW YORK , March 4, 2024 /PRNewswire/ -- BGC Group, Inc. (NASD: BGC), a leading global brokerage and financial technology company, today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 18, 2024. The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market.

BGC Group Set to Join S&P SmallCap 600

BGC Group Inc. (BGC) Q4 2023 Earnings Call Transcript

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Feb. 14, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the fourth quarter and full year ended December 31, 2023. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcg.com.

BGC Reports Fourth Quarter and Full Year 2023 Financial Results

Webcast Available for Investors NEW YORK , Jan. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Bank of America 2024 Financial Services Conference at 1:20 p.m.

BGC Group to Present at the Bank of America Financial Services Conference on February 20, 2024

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exchange for U.S. Treasury and SOFR futures, the most widely traded futures contracts in the world, for trading on FMX1. Howard W. Lutnick, Chairman and CEO of BGC Group, a leading global brokerage and financial technology company, said, "With this CFTC approval, we will combine our leading Fenics UST cash Treasury platform with our FMX Futures Exchange to deliver competition across the CME's U.S. interest rate complex.

BGC Group Announces CFTC Approval for FMX Futures Exchange

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Jan. 8, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced the details regarding its fourth quarter 2023 financial results conference call.

BGC's Fourth Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, February 14, 2024

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BGC Group Inc.'s stock BGC, -1.17% rose 2.7% in premarket trading on Friday after the financial technology company said its business “performed strongly” during the fourth quarter. BGC said it now expects to be “around the high-end” of its Oct. 30 guidance for revenue of $450 million to $500 million, compared to the FactSet consensus estimate of $475 million.

BGC Group says business ‘performed strongly' in Q4 as stock rises

NEW YORK , Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected timing of upcoming FMX announcements. Updated Outlook  BGC expects to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the fourth quarter of 2023.

BGC Group Updates its Outlook for the Fourth Quarter of 2023 and Provides Update to FMX Announcement Timing

NEW YORK , Nov. 30, 2023 /PRNewswire/ -- Poten & Partners ("Poten"), a subsidiary of BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), an integrated energy advisory, brokerage, and business intelligence company, today announced the launch of a new advisory group supporting global Hydrogen, Ammonia and Methanol markets. Graham Hoar will lead the new team delivering strategic planning, commercial and technical analysis, project finance, M&A and dispute resolution support for these sectors.

Poten & Partners Expands Its Energy Transition Business into Hydrogen, Ammonia and Methanol

BGC Group, Inc. (NASDAQ:BGC ) Q3 2023 Earnings Call Transcript October 30, 2023 8:30 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. Welcome to the BGC Group Third Quarter 2023 Financial Results Conference Call.

BGC Group, Inc. (BGC) Q3 2023 Earnings Call Transcript

BGC Group (BGC) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago.

BGC Group (BGC) Q3 Earnings and Revenues Top Estimates

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 08:30 AM ET Today NEW YORK , Oct. 30, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended September 30, 2023. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcg.com.

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