BGC Partners Q2 Adj EPS $0.20 Beats $0.19 Estimate, Sales $493.08M Beat $475.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
BGC Partners reported Q2 earnings of $0.20 per share, beating the analyst consensus estimate of $0.19 by 5.26%. This is a 17.65% increase over earnings of $0.17 per share from the same period last year. The company also reported quarterly sales of $493.08 million, beating the analyst consensus estimate of $475.00 million by 3.81%. This is a 13.16% increase over sales of $435.76 million the same period last year.
August 04, 2023 | 11:13 am
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POSITIVE IMPACT
BGC Partners reported better than expected Q2 earnings and sales, which could positively impact the stock price in the short term.
BGC Partners reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100