BGC Partners: Q1 Earnings Insights

BGC Partners BGCP reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

BGC Partners reported in-line EPS of $0.23 versus an estimate of $0.23.

Revenue was up $26.40 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 2.53% increase in the share price the next day.

Here's a look at BGC Partners's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.16	0.15	0.16	0.21
EPS Actual	0.16	0.16	0.17	0.21
Revenue Estimate	422.99M	406.98M	439.22M	517.62M
Revenue Actual	436.51M	416.57M	435.76M	506.46M

To track all earnings releases for BGC Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.