NASDAQ$GCMG

Grosvenor Capital Management LP · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported strong third quarter fiscal 2020 with AUM growing and net fees increasing.

GCM Grosvenor reported positive momentum in the third quarter, driven by robust investment activity and performance, with continued capital deployment and firm demand for alternative investment strategies.

  • AUM grew 3% quarter-over-quarter.
  • Net Fees grew 13% quarter-over-quarter.
  • Investment activity and performance was robust.
  • Investors continue to deploy capital.

Headline financials

Total Revenue

$102M

Previous: $118M-13.7%
EPS (adj)

$0.28

Previous: $0.60-53.3%
Net Income

$11.2M

Previous: $23.9M-53.3%
Operating Income

$9.17M

Previous: $35.6M-74.3%
Gross Profit

$26.4M

Previous: $55.6M-52.4%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

GCM · Revenue · Quarterly

$102M

Q3 2020-13.7%vs Q3 2019
Beat estimate in 6 of 8 quarters(75%)
ActualEstimate

Forward guidance

Guidance for 2020 can be found on GCM Grosvenor’s Public Shareholders website.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+0.6%

Avg return

Earnings day

+1.4%

Avg return

5 days after

-0.7%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+14.1%

Q4 2025

Best reaction

-10.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-0.8%-5.1%
Q4 2025+14.1%+21.6%+5.2%
Q3 2025+1.1%+1.8%-6.2%
Q1 2025-0.1%-0.1%-1.0%
Q4 2024+3.8%+2.1%-5.5%
Q3 2024-5.4%-4.3%+1.6%
Q2 2024-0.5%+2.4%+2.8%
Q1 2024+3.5%-1.8%+1.1%
Q4 2023-4.5%+0.0%-1.0%
Q3 2023+1.7%+1.4%+2.2%
Q2 2023+5.5%+4.9%+1.0%
Q1 2023-6.9%-9.1%-8.7%
Q4 2022-10.1%-8.1%-17.0%
Q3 2022+10.3%+9.5%+7.6%
Q2 2022+2.3%+4.6%-5.4%
Q1 2022-6.2%-5.7%-9.7%
Q4 2021+11.2%+9.4%+14.1%
Q3 2021+2.5%+2.5%-10.3%
Q2 2021+3.5%+10.0%+12.3%
Q1 2021+3.6%+7.3%-13.4%
Q4 2020-5.5%-0.2%-3.2%
Q3 2020-8.3%-9.3%+16.4%
Q2 2020+1.1%+1.6%-0.7%
Q1 2020+0.0%+0.0%+0.6%
Q4 2019+0.1%+0.2%+1.5%
Q3 2019+0.0%+0.0%+0.0%
Q2 2019-0.2%+0.2%+0.2%
Q1 2019-0.1%+0.3%+0.0%

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