user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 432260 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

GFI Group is Among the Companies in the Investment Banking & Brokerage Industry With the Highest Future Earnings Growth (GFIG, ITG, SWS)

Published on Wed, 01/30/2013 - 11:21
By Peter Chu

Below are the three companies in the Investment Banking & Brokerage industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

GFI Group (NASDAQ:GFIG) is highest with future earnings growth of 246.3%. GFI Group Inc. provides brokerage services and data and analytics products to institutional clients. The Company specializes in over-the-counter derivatives products and related securities. GFI provides its services to institutional clients in markets for a range of credit, financial, equity and commodity instruments, including complex derivatives. Thus far today, GFI Group has traded 7,000 shares, vs. average volume of 223,000 shares per day. The stock has underperformed the Dow (-1.8% to the Dow's -0.1%) and underperformed the S&P 500 (-1.8% to the S&P's -0.2%) during today's trading.

Following is Investment Technology Group (NYSE:ITG) with future earnings growth of 168.8%.

Finishing up the top three is SWS Group (NYSE:SWS), with future earnings growth of 109.6%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Advance Auto Parts Earnings In Retrospec...

Two weeks ago on August 14th, 2014 Advance Auto Parts (NYSE:AAP) reported earnings and ...

Earnings Flashback: Since Reporting Quar...

When Flowers Foods (NYSE:FLO) reported earnings 18 days ago on August 12th, 2014, analy ...

American Eagle Outfitters Earnings Hinds...

When American Eagle Outfitters (NYSE:AEO) reported earnings 10 days ago on August 20th, ...

Post Earnings Update: K12 Has Sunk 3.0% ...

When K12 (NYSE:LRN) reported earnings 16 days ago on August 14th, 2014, analysts, on av ...

AnnTaylor Stores Earnings Hindsight: Up ...

When AnnTaylor Stores (NYSE:ANN) reported earnings 8 days ago on August 22nd, 2014, ana ...

Resolute Energy Earnings Review: 19 Days...

Two weeks ago on August 11th, 2014 Resolute Energy (NYSE:REN) reported earnings and ana ...

salesforce.com Earnings Review: 9 Days a...

When salesforce.com (NYSE:CRM) reported earnings a week ago on August 21st, 2014, analy ...

Post Earnings Update: JM Smucker Has Cli...

When JM Smucker (NYSE:SJM) reported earnings 10 days ago on August 20th, 2014, analysts ...