BGC Partners(NASDAQ:BGCP) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $651.96M. Analysts estimated a revenue of $665.70M. Earnings per share were $0.19. Analysts had estimated an EPS of $0.19.
BGC Partners (BGCP) shares turned negative on Thursdays trading session with the shares closing down -0.03 points or -0.33% at a volume of 9,71,832. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $9.245. The peak price level was also seen at $9.245 while the days lowest was $9.13. Finally the shares closed at $9.15. The 52-week high of the shares is $10.05 while the 52-week low is $7.8036. According to the latest information available, the market cap of the company is $2,510 M.
Several Insider Transactions has been reported to the SEC. On Jun 10, 2015, Stephen T Curwood (director) sold 4,000 shares at $9.16 per share price.
BGC Partners Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services which offers fixed income securities interest rate swaps foreign exchange equities equity derivatives credit derivatives commodities futures and structured products and Real Estate Services (or Newmark Grubb Knight Frank (NGKF)) which is a full-service commercial real estate platform that consists of its Real Estate Services segment. Through NGKF the Company offers commercial real estate tenants owners investors and developers a range of services including leasing and corporate advisory investment sales and financial services consulting project management and property and facilities management. The Company also provides broker-dealer services clearing processing information and other back-office services to a range of financial and non-financial institutions.