GFI Group (NASDAQ:GFIG) is scheduled to announce its Q313 earnings results on Thursday, October 24th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $222.74 million for the quarter.
GFI Group (NASDAQ:GFIG) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.06 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.06. The company had revenue of $241.10 million for the quarter, compared to the consensus estimate of $246.57 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. On average, analysts expect GFI Group to post $0.17 EPS for the current fiscal year and $0.32 EPS for the next fiscal year.
Shares of GFI Group (NASDAQ:GFIG) traded up 0.85% during mid-day trading on Wednesday, hitting $3.58. 30,780 shares of the company’s stock traded hands. GFI Group has a one year low of $2.38 and a one year high of $4.58. The stock has a 50-day moving average of $4.03 and a 200-day moving average of $3.90. The company’s market cap is $431.8 million.
A number of analysts have recently weighed in on GFIG shares. Analysts at BMO Capital Markets upgraded shares of GFI Group from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. They now have a $4.50 price target on the stock. Analysts at Zacks upgraded shares of GFI Group from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 30th. They now have a $4.60 price target on the stock. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. GFI Group presently has an average rating of “Buy” and an average price target of $4.57.
GFI Group Inc (NASDAQ:GFIG) is a provider of wholesale brokerage services, clearing services and electronic execution and trading support products for global financial markets.
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