logo
Plus   Neg
Share
Email

BGC Partners Inc. Q1 adjusted earnings of $0.18 per share

BGC Partners Inc. (BGCP) announced a profit for its first quarter that climbed from the same period last year.

The company's earnings came in at $87.17 million, or $0.18 per share. This compares with $72.67 million, or $0.14 per share, in last year's first quarter.

Excluding items, BGC Partners Inc. reported adjusted earnings of $93.47 million or $0.18 per share for the period.

The company's revenue for the quarter rose 3.8% to $544.75 million from $524.77 million last year.

BGC Partners Inc. earnings at a glance:

-Earnings (Q1): $93.47 Mln. vs. $106.97 Mln. last year.
-EPS (Q1): $0.18 vs. $0.22 last year.
-Revenue (Q1): $544.75 Mln vs. $524.77 Mln last year.

-Guidance:
Next quarter revenue guidance: $515 - $555 Mln

For comments and feedback contact: editorial@rttnews.com

Follow RTT