Fortress Investment Group To Release Earnings On Nov. 5

Fortress Investment Group LLC FIG is scheduled to announce earnings before the market opens on Friday, November 5th. Analysts are looking for an earnings profit of 11 cents per share. Fortress has surpassed consensus estimates the past two quarters and reported in-line earnings in the same quarter (Q3) last year. Fortress Investment Group shares have risen almost 25% over the past month which could mean any surprise beat could be priced into the share price. As with most other asset management companies that have already posted earnings, guidance could be key. FIG is trading lower 1% at $4.45