Earnings Forecast Research on BGC Partners, Inc. (BGCP)

BGC Partners, Inc. has received $0.24 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 20%.

BGC Partners, Inc. has a Price to Earnings ratio of 14.3 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.61. For the Most Recent Fiscal Year, BGC Partners, Inc. has a price to cash ratio of 7.41. For the Trailing twelve month period, company showed a Net Profit Margin of 5.95% and Return on Equity of the stock is 24.66%.

In the last quarter, BGC Partners, Inc. reported Annual Earnings of $0.21. Based on the filings, last years Annual Earnings was, $0.74. In the last Quarter, BGCP reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $0.24 and for the current fiscal year, the estimate is $0.82. For the Next fiscal year, the estimate is $0.95 based on the consensus.

BGC Partners, Inc. (NASDAQ:BGCP) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.72% at $11.07 with 1,287,103 shares getting traded. Post opening the session at $11.11, the shares hit an intraday low of $11.06 and an intraday high of $11.17 and the price was in this range throughout the day. The company has a market cap of $3,087 million and the number of outstanding shares has been calculated to be 278,897,030 shares. The 52-week high of BGC Partners, Inc. (NASDAQ:BGCP) is $11.265 and the 52-week low is $8.18.

BGC PARTNERS, INC. is a leading global full-service inter-dealer broker, specializing in the trading of financial instruments and related derivatives products. BGC Partners provides integrated voice, hybrid, and fully electronic execution and other brokerage services to some of the worlds largest and most credit worthy banks, broker-dealers, investment banks and investment firms for a broad range of global financial products, including fixed income securities, foreign exchange, equity derivatives, credit derivatives, futures, structured products and other instruments. Through its eSpeed and BGCantor Market Data brands, BGC also offers financial technology solutions and market data and analytics related to selected financial instruments and markets. Named after fixed income trading innovator B. Gerald Cantor, BGC Partners has offices in New York and London, as well as in Beijing, Chicago, Copenhagen, Hong Kong, Istanbul, Mexico City, Nyon, Paris, Seoul, Singapore, Sydney, Tokyo and Toronto.


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