3 Stocks Catch Fire and One Cools as Earnings Settle In
BGC Partners, Inc. (NASDAQ:BGCP) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 23.08% to $0.10 in the quarter versus EPS of $0.16 in the year-earlier quarter.Revenue rose 22.84% to $436.3 million from the year-earlier quarter.
BGC Partners, Inc. reported adjusted EPS income of $0.10 per share. By that measure, the company missed the mean analyst estimate of $0.12. It beat the average revenue estimate of $430.94 million.