FONT-SIZE Plus   Neg

BGC Partners Q4 Profit Decreases - Quick Facts

BGC Partners, Inc. (BGCP) posted fourth-quarter net income for fully diluted shares of $7.6 million or $0.03 per share versus $31.5 million or $0.12 per share last year.

Total revenues for the three-month period improved year-over-year to $355.17 million from $321.76 million.

Analysts polled by Thomson Reuters expected the company to record revenues of $352.08 million for the quarter. Analysts' estimates typically exclude special items.

Further, the company's board of directors declared a quarterly cash dividend of $0.17 per share payable on March 28, 2012 to Class A and Class B common stockholders of record as of March 14, 2012. The ex-dividend date will be March 12, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The U.S. Consumer Products Safety Commission has asked Safety 1st to recall 35,000 highchairs after several children fell and were injured. The recall covers about 35,000 wooden Safety 1st highchairs in three models: HC144BZF (Casablanca), HC229CZF (Gentle Lace) and HC229CYG (Black Lace). Safety... Ferrari, the luxury car division of Fiat Chrysler Automobiles (FCAU) is reportedly getting a much higher valuation than previously expected driven by its premium status of manufacturing high-performance luxury cars. According to reports, Ferrari expects the IPO to bring its market valuation to about... SeaWorld Entertainment Inc. (SEAS) has received another blow to its business as the California Coastal Commission banned breeding of captive killer whales in San Diego. The new law means SeaWorld won't be allowed to breed captive orcas, including through artificial insemination, at its California...
comments powered by Disqus
Trade BGCP now with 
Follow RTT