Investing.com - BGC Partners 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 and are trading at $3.920 , down-from-52-week-high.
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.
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