BGC Partners Sees Q2 Results Around Mid-point Of Prior Outlook Ranges

(RTTNews) - BGC Partners, Inc. (BGCP) said Thursday that it now expects its second quarter financial results to be around the mid-point of the range of its previously stated guidance for revenues and earnings.

In early May, the company said it expected to generate distributable earnings revenues of $420 million to $440 million and distributable earnings of $47 million to $55 million.

Analysts polled by Thomson Reuters currently expct the company to earn $0.14 per share on revenue of $433.73 million for the second quarter. Analysts' estimates typically exclude special items.