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Investing.com - BGC Partners reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BGC Partners announced earnings per share of $0.160 on revenue of $416.6M. Analysts polled by Investing.com EPS of $0.150 on revenue of $412.76M.
BGC Partners 's are down 24.15% and is trading at $3.920 , still down 30.19% from its 52 week high of $5.61 set on Tuesday, November 2, 2021.
BGC Partners follows other major Financial sector earnings this month
BGC Partners's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
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