GFI Group Earnings Preview: Get Ahead of the Analysts
GFI Group (NYSE:GFIG) will report earnings after markets close on Thursday, July 25th. GFI Group Inc. provides brokerage services and data and analytics products to institutional clients. The Company specializes in over-the-counter derivatives products and related securities. GFI provides its services to institutional clients in markets for a range of credit, financial, equity and commodity instruments, including complex derivatives.
Here is your Cheat Sheet to Gfi Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $244.41 million.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.05 to a profit $0.06. For the current year, the average estimate is a profit of $0.22, which is better than the estimate ninety days ago.
Here’s how Gfi Group has been performing on an annual basis:
|Revenue ($) in millions||1,016||819||862||1,015||925|
|Diluted EPS ($)||0.44||0.13||0.20||-0.03||-0.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||237.73||219.39||207.29||244.39|
|Diluted EPS ($)||0.04||-0.08||-0.10||0.04|
Gfi Group has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)