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

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

General Cable Reports First Quarter 2016 Results

April 27, 2016 4:20 PM EDT

HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)-- General Cable Corporation (NYSE: BGC) reported today results for the first quarter ended April 1, 2016. For the quarter, the Company generated adjusted earnings per share from continuing operations of $0.19 and adjusted operating income from continuing operations of $42 million. Reported loss per share from continuing operations for the quarter was $0.17 and reported operating income from continuing operations was $15 million. See page 3 of this press release for the reconciliation of reported to adjusted results and related disclosures.

Michael T. McDonnell, President and Chief Executive Officer, said, We are very... More