GFI Group (NASDAQ:GFIG) is scheduled to be posting its Q2 2013 quarterly earnings results after the market closes on Thursday, July 25th.
GFI Group (NASDAQ:GFIG) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $244.39 million for the quarter, compared to the consensus estimate of $245.01 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was down 6.0% on a year-over-year basis. On average, analysts expect GFI Group to post $0.22 EPS for the current fiscal year and $0.35 EPS for the next fiscal year.
Shares of GFI Group (NASDAQ: GFIG) opened at 4.38 on Wednesday. GFI Group has a one year low of $2.38 and a one year high of $4.50. The stock’s 50-day moving average is currently $4.10. The company’s market cap is $526.2 million.
GFIG has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of GFI Group from $4.50 to $5.00 in a research note to investors on Thursday, June 13th. On a related note, analysts at Raymond James downgraded shares of GFI Group from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, May 31st. They now have a $4.25 price target on the stock.
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.
