BGC Partners (BGCP) Updates its Outlook for Q4
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BGC Partners Updates its Outlook for the Fourth Quarter of 2019
December 18, 2019 5:15 PM ESTNEW YORK, Dec. 18, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending December 31, 2019.1
Updated OutlookAgainst a backdrop of generally lower industry volumes, BGC's revenues and pre-tax Adjusted Earnings for the fourth quarter of 2019 are now expected to be between the low- and the mid-point of the range of its previously stated guidance. This outlook was contained in BGC's financial results press release... More
