Seeking Alpha

BGC Partners expects inline Q2 results

  • The final numbers for Q2 should be at around the midpoint of the range of previously stated guidance from May 1. Distributable earnings revenues of $420M-$440M compares with $447M one year ago (excluding eSpeed).
  • Pre-tax distributable earnings of $47M-$55M vs. $40M a year ago (excluding eSpeed).
  • BGCP will report its Q2 ahead of the market open on July 31.
  • Source: Press Release
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