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.

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.

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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