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Stock impact report

BGC Group Updates its Outlook for the First Quarter of 2024 [Yahoo! Finance]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Updated Outlook BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the first quarter of 2024. The Company's outlook was contained in BGC's financial results press release issued on February 14, 2024 , which can be found at http://ir.bgcg.com Non-GAAP Financial Measures The non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units ("RSUs"), that the Company has issued and outstanding following its corporate conversion on July 1, 2023 . Although BGC is retaining certain defined terms and references, including references to partnerships or partnership units, for purposes of comparability before and after the corporate conversion, such references may not be applicable following the period ended June 30 The Company has clarified its practice in an updated definition of its "Calculation of Non-Compensation Adjustments for Adjusted Earnings". Show less Read more
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