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Strategies & Market Trends : IPO and Other Stock Plays

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From: david7775/5/2005 7:02:29 PM
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GFI Group reports Q1 results (GFIG) 24.53 +1.28:Reports Q1 (Mar) earnings of $0.42 per share, excluding non-recurring items, $0.06 better than the one analyst estimate of $0.36; revenues rose 39.5% year/year to $122.3 mln vs on estimate of $110.8 mln. There is only one estimate as this is a recent IPO. GFIG is a inter-dealer broker specializing in OTC derivatives.
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