General Cable (BGC -6.1%) slides after Q4 results largely meet estimates, but the company gave a...

|About: General Cable Corporation (BGC)|By:, SA News Editor

General Cable (BGC -6.1%) slides after Q4 results largely meet estimates, but the company gave a downbeat Q1 forecast, citing seasonal factors in its energy, construction and communications businesses. The company does however, anticipate a sharp improvement for the following quarter. It now expects an EPS of $0.22 to $0.32 and revenue of $1.55B to $1.6B. The Street is at $0.50 per share on revenue of $1.66B.