General Cable Reports First Quarter 2016 Results

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General Cable (BGC) Posts Q1 GAAP EPS of 17c

April 27, 2016 4:43 PM EDT

General Cable (NYSE: BGC) reported Q1 EPS of ($0.17), $0.19 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $974 million versus the consensus estimate of $847.57 million.

First quarter adjusted operating income was $42 million, up $14 million sequentially and $16 million above guidance mid-point,... More