BGC Partners reports Q3 earnings of $0.28 per share vs. $0.31 in the prior year's quarter; revenues rise 12.5% to $827.0 mln
- BGC anticipates revenues of between ~$800 million and $850 million, compared with 2016 recast revenues of $755.8 million. BGC's historical revenues for the fourth quarter of 2016 before the recast were $673.2 million
- BGC expects pre-tax distributable earnings before noncontrolling interest in subsidiaries and taxes to be in the range of $140 million and $160 million, versus the 2016 recast figure of $149.1 million. The Company's historical pre-tax distributable earnings for the fourth quarter of 2016 before the recast were $129.1 million