BGC Partners Guides Q4 Revenues Above Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Monday, BGC Partners, Inc. (BGCP), a global brokerage and financial technology company, said it expects revenues for the first quarter in a range of $515 million to $565 million.

On average, analysts polled by Thomson Reuters expect the company to report revenues of $509.89 million for the quarter.

On Friday, BGC Partners' Board of Directors declared a quarterly qualified cash dividend of $0.01 per share, payable on March 31, 2023 to Class A and Class B common stockholders of record as of March 17, 2023.