GCM Grosvenor (NASDAQ:GCMG) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
GCM Grosvenor missed estimated earnings by 9.09%, reporting an EPS of $0.1 versus an estimate of $0.11.
Revenue was down $6.01 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 5.59% drop in the share price the next day.
Here’s a look at GCM Grosvenor’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | 0.11 | 0.13 | 0.13 |
| EPS Actual | 0.12 | 0.14 | 0.12 | 0.13 |
| Revenue Estimate | 107.97M | 103.46M | 106.00M | 121.40M |
| Revenue Actual | 99.83M | 137.21M | 104.36M | 105.13M |
To track all earnings releases for GCM Grosvenor visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
