BGC Partners Q2 Adj $0.23, Inline, Sales $550.76M Beat $545.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
BGC Partners (NASDAQ:BGC) reported Q2 earnings of $0.23 per share, meeting analyst estimates and showing a 15% increase from last year. Quarterly sales were $550.76 million, beating estimates by 1.06% and increasing 11.70% from the previous year.
July 30, 2024 | 12:18 pm
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BGC Partners reported Q2 earnings of $0.23 per share, meeting analyst estimates and showing a 15% increase from last year. Quarterly sales were $550.76 million, beating estimates by 1.06% and increasing 11.70% from the previous year.
BGC Partners' Q2 earnings met analyst expectations, and sales exceeded estimates, indicating strong performance. The 15% increase in earnings and 11.70% increase in sales from the previous year are positive indicators for the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100