BGC Partners Inc expected to post earnings of 23  cents a share - Earnings Preview

Bgc

01/05/2023 15:47

* BGC Partners Inc  BGCP.OQ   BGCP.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 3. 
    * The New York City-based  company is expected to report  a
5.7% increase in revenue to $535.4 million from $506.5 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on February 27 2023, for
the period ended March 31, was for revenue between $515.00
million and $565.00 million.
    * ​Refinitiv's mean analyst estimate for BGC Partners Inc is
for
earnings of 23 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BGC
Partners Inc
is $8.5​, above​ its last closing price of $4.53. ​​​

This summary was machine generated May 1 at 14:47 GMT.  All
figures in US dollars  unless otherwise stated