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BGC Partners: Q1 Earnings Insights

Author: Benzinga Insights | May 03, 2023 08:50am

BGC Partners (NASDAQ:BGCP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

BGC Partners reported in-line EPS of $0.23 versus an estimate of $0.23.

Revenue was up $26.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 2.53% increase in the share price the next day.

Here's a look at BGC Partners's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.16 0.15 0.16 0.21
EPS Actual 0.16 0.16 0.17 0.21
Revenue Estimate 422.99M 406.98M 439.22M 517.62M
Revenue Actual 436.51M 416.57M 435.76M 506.46M

To track all earnings releases for BGC Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BGCP

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