General Cable Corporation (BGC) Scheduled to Post Quarterly Earnings on Tuesday
General Cable Corporation (NYSE:BGC) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 31st.
General Cable Corporation (NYSE:BGC) last announced its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.12). General Cable Corporation had a negative net margin of 4.80% and a positive return on equity of 13.47%. The business had revenue of $943.10 million during the quarter. On average, analysts expect General Cable Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of General Cable Corporation (NYSE BGC) opened at 22.20 on Tuesday. The firm has a 50 day moving average of $19.84 and a 200 day moving average of $17.86. General Cable Corporation has a one year low of $11.70 and a one year high of $23.05. The stock’s market cap is $1.10 billion.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were paid a $0.18 dividend. The ex-dividend date was Thursday, September 7th. This represents a $0.72 annualized dividend and a dividend yield of 3.24%. General Cable Corporation’s dividend payout ratio is currently -20.17%.
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Separately, BidaskClub cut shares of General Cable Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd.
General Cable Corporation Company Profile
General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company’s segments include North America, Europe, Latin America, and Africa/Asia Pacific.
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