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BGC Partners Inc Sees Q3 2013 Guidance Towards Low-End Of Prior Range


Monday, 30 Sep 2013 04:05pm EDT 

BGC Partners Inc announced that it expects its financial results for the third quarter of 2013 to be towards the low-end of the range of its previously stated guidance for revenues and earnings. The Company expected to generate distributable earnings revenues of between approximately $410 million and $440 million compared with $445.7 million and pre-tax distributable earnings to be between approximately $36 million and $46 versus $46.7 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $426 million and pre-tax profit of $42 million for third quarter of 2013. 

Company Quote

8.74
-0.1 -1.13%
19 Dec 2014