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• GCM Grosvenor Inc GCMG.OQ reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of six analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 13 cents to 17 cents per share.

• Revenue rose 8.7% to $116.95 million from a year ago; analysts expected $113.30 million.

• GCM Grosvenor Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly income of $4.8 million.

• GCM Grosvenor Inc shares had risen by 6.6% this quarter and gained 16.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

• In the last 30 days, two analysts revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for GCM Grosvenor Inc is $11.25

This summary was machine generated from LSEG data August 8 at 02:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)