BGC Sees Q3 FY24 Revenue Of $505M - $555M Vs. $534.1M Est.
Portfolio Pulse from Benzinga Newsdesk
BGC Partners, Inc. has provided its Q3 FY24 revenue guidance, estimating between $505 million and $555 million, compared to the consensus estimate of $534.1 million.
July 30, 2024 | 12:23 pm
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BGC Partners, Inc. has issued its Q3 FY24 revenue guidance, estimating between $505 million and $555 million, which is in line with the consensus estimate of $534.1 million.
The revenue guidance provided by BGC Partners, Inc. is within the range of the consensus estimate. This suggests that the market has already priced in these expectations, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100