BGC Partners Inc. Q4 Earnings Climb 27%

(RTTNews) - BGC Partners Inc. (BGCP) released a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line totaled $76.7 million, or $0.20 per share. This was higher than $60.6 million, or $0.18 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 34.2% to $692.0 million. This was up from $515.5 million last year.

BGC Partners Inc. earnings at a glance:

-Earnings (Q4): $76.7 Mln. vs. $60.6 Mln. last year. -Earnings Growth (Y-o-Y): 26.6% -EPS (Q4): $0.20 vs. $0.18 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.19 -Revenue (Q4): $692.0 Mln vs. $515.5 Mln last year. -Revenue Change (Y-o-Y): 34.2%