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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.