General Cable (BGC) Misses Q2 EPS by 1c; Issues Mixed Q3 Outlook

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Go back to General Cable (BGC) Misses Q2 EPS by 1c; Issues Mixed Q3 Outlook

General Cable Reports Second Quarter 2016 Results

August 3, 2016 4:20 PM EDT

HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)-- General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended July 1, 2016. For the quarter, reported diluted earnings per share from continuing operations was $0.68 and reported operating income from continuing operations was $58 million. The Company generated adjusted earnings per share from continuing operations for the quarter of $0.30 and adjusted operating income from continuing operations of $49 million. See page 3 and 4 of this press release for the reconciliation of reported to adjusted results and related disclosures.

Michael T. McDonnell, President and Chief Executive Officer, said, Our... More