Recap: GCM Grosvenor Q1 Earnings

GCM Grosvenor 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.

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