BGC Group Expects Up to $835 Million in Revenue as Third Quarter Forecast Holds Firm

2026-09-29 companies

New York, Tuesday, 29 September 2026.
Financial technology giant BGC Group reaffirmed its third-quarter projections, targeting up to $835 million in revenue and $190 million in pre-tax earnings amid strong global trading demand.

Strategic Outlook Reaffirmation

BGC Group, Inc. (NASDAQ: BGC) formally updated its financial outlook for the third quarter of 2026 on September 28, 2026, maintaining previously established guidance ranges [1][2]. The global brokerage and financial technology firm communicated this reaffirmation to institutional investors and market participants ahead of its full quarterly financial report scheduled for release following the quarter’s end [1][7]. This update confirms the revenue and pre-tax Adjusted Earnings ranges originally disclosed on July 30, 2026, signaling stability in the company’s operational performance despite evolving market conditions [2][3]. The company operates as a global marketplace and financial technology services provider, covering fixed income, energy, commodities, shipping, equities, and the FMX Futures Exchange [5][6].

Financial Projections and Metrics

For the quarter ending September 30, 2026, BGC Group expects to book revenues in the range from $775 million to $835 million [3][6]. Pre-tax Adjusted Earnings are forecast to reach between $172 million and $190 million during the same period [3][5]. The company utilizes several non-GAAP financial measures to evaluate performance, specifically Adjusted Earnings before noncontrolling interest in subsidiaries and taxes, and Post-tax Adjusted Earnings to fully diluted shareholders [1][2]. These metrics exclude all GAAP charges categorized under Equity-based compensation and allocations of net income to limited partnership units, ensuring a clearer view of underlying operational performance [1][4].

Market Performance and Regulatory Filings

On September 29, 2026, BGC Group shares started trading at $11.66, with the stock priced at $11.77, reflecting a market capitalization of approximately $5.6 billion [8]. As of September 28, 2026, the stock traded at $11.84, which was approximately 7.6% below its GF Value™ intrinsic estimate of $12.82 per share [4]. The updated outlook was submitted to the U.S. Securities and Exchange Commission via a Form 8-K under Item 7.01 of Regulation FD on September 28, 2026 [7]. This filing clarifies that the disclosure is furnished and not considered filed for purposes of Section 18 of the Securities Exchange Act of 1934 [7]. The company continues to monitor risks and uncertainties that could cause actual results to differ from forward-looking statements [2].

Sources

BGC Group Earnings Outlook