earnings
confidence high
sentiment positive
materiality 0.75
GCM Grosvenor Q3 revenue +16% to $137.2M; AUM $72.6B; dividend $0.11; buyback boosted
GCM Grosvenor Inc.
2022-Q3 EPS reported
$0.23
revenue$346,702,000
- Revenue $137.2M (+16% YoY); GAAP Net Income $3.1M (-24% YoY); Adjusted Net Income $26.6M (+11% YoY).
- Private Markets FPAUM $35.5B (+14% YoY); total FPAUM $58.1B (+3% YoY).
- Adjusted EBITDA $41.4M (+10% YoY); Fee-Related Earnings $31.4M (+1% YoY).
- Dividend raised to $0.11/share payable Dec 15; buyback authorization increased by $25M to $90M.
- Raised $2.9B in Q3 and $6.3B YTD; Q3 fundraising driven by Private Markets.