Summary : NEW YORK (AP) _ BGC Partners Inc. (BGCP) on Wednesday reported second-quarter earnings of $14.8 million.
The New York-based company said it had earnings of 4 cents per share. Earnings, adjusted for non-recurring costs, came to 17 cents per share.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
NEW YORK (AP) _ BGC Partners Inc. (BGCP) on Wednesday reported second-quarter earnings of $14.8 million.
The New York-based company said it had earnings of 4 cents per share. Earnings, adjusted for non-recurring costs, came to 17 cents per share.The brokerage company posted revenue of $435.8 million in the period. Its revenue net of interest expense was $435.8 million, which fell short of Street forecasts.
The company’s shares closed at $3.64. A year ago, they were trading at $5.30.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BGCP at https://www.zacks.com/ap/BGCP
