BGC Group (BGC) said late Monday it expects revenue and pre-tax adjusted earnings to be around the "high-end" of its previously announced Q3 outlook.
On July 30, the company set out a Q3 revenue forecast of $505 million to $555 million and pre-tax adjusted earnings guidance of between $110 million and $127 million.
One analyst polled by Capital IQ expects revenue of $530 million.
Shares of the company rose 1.2% in after-hours activity.
Price: 9.29, Change: +0.11, Percent Change: +1.20
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments