BGC Partners Reports First Quarter 2020 Financial Results

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Go back to BGC Partners Reports First Quarter 2020 Financial Results

BGC Partners (BGCP) Lowers Quarterly Dividend 92.9% to $0.01; 1.3% Yield

May 5, 2020 8:07 AM EDT

BGC Partners (NASDAQ: BGCP) declared a quarterly dividend of $0.01 per share, or $0.04 annualized. This is a 92.9% decrease from the prior dividend of $0.14.

The dividend will be payable on June 8, 2020, to stockholders of record on May 22, 2020, with an ex-dividend date of May 21,... More

BGC Partners (BGCP) Tops Q1 EPS by 1c, Offers Guidance

May 5, 2020 8:05 AM EDT

BGC Partners (NASDAQ: BGCP) reported Q1 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $603.2 million versus the consensus estimate of $592.75 million.

GUIDANCE:

BGC Partners sees Q2 2020 revenue of $525-575 million, versus the consensus of... More