Investing.com - BGC Partners (NASDAQ:BGCP) 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 anticipated EPS of $0.150 on revenue of $412.76M.
BGC Partners shares are down 24.15% from the beginning of the year, still down 30.19% from its 52 week high of $5.61 set on November 2, 2021.
BGC Partners follows other major Financial sector earnings this month
BGC Partners's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar