GAIN Capital Reports Second Quarter 2020 Results

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Gain Capital (GCAP) Tops Q2 EPS by 13c, Revenues Beat

July 23, 2020 4:12 PM EDT

Gain Capital (NYSE: GCAP) reported Q2 EPS of $0.40, $0.13 better than the analyst estimate of $0.27. Revenue for the quarter came in at $101 million versus the consensus estimate of $83.43 million.

"A second quarter of high volatility, due in part to the ongoing economic concerns over the COVID-19 virus, allowed Gain... More