Shares have added about 0.9% since the beginning of the year versus the S&P 500's gain of 7.3%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The company has topped consensus revenue estimates just once over the last four quarters. This compares to year-ago revenues of $105.13 million. , which belongs to the Zacks Financial - Investment Management industry, posted revenues of $99.12 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 6.66%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.12, delivering a surprise of -14.29%. This quarterly report represents an earnings surprise of -9.09%. These figures are adjusted for non-recurring items. This compares to earnings of $0.18 per share a year ago. ( GCMG Quick Quote GCMG - Free Report) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. For more information, visit: Grosvenor Inc. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. GCM Grosvenor’s experienced team of approximately 540 professionals serves a global client base of institutional and individual investors.

The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $76 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at, and a replay of the live broadcast will be available on the website soon after the call’s completion. Ī conference call to discuss GCM Grosvenor’s financial results will be held today, Wednesday, November 8, 2023, at 9:30 a.m. 08, 2023 (GLOBE NEWSWIRE) - GCM Grosvenor (Nasdaq: GCMG) today reported its results for the third quarter 2023, which have been posted to the Public Shareholders section of GCM Grosvenor’s website at.

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