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BGC Group: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — BGC Group, Inc. (BGC) on Thursday reported third-quarter profit of $71.3 million.

The New York-based company said it had earnings of 14 cents per share. Earnings, adjusted for non-recurring costs and pretax expenses, were 34 cents per share.

The brokerage company posted revenue of $832.6 million in the period. Its revenue net of interest expense was $832.6 million.

For the current quarter ending in December, BGC Group said it expects revenue in the range of $805 million to $865 million.

BGC Group shares have risen 26% since the beginning of the year. The stock has risen 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BGC at https://www.zacks.com/ap/BGC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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