General Cable Corp. (BGC) reported earnings for its first quarter that climbed from last year.
The company said its bottom line came in at $44.7 million, or $0.27 per share. This was up from $41.6 million, or $0.19 per share, in last year's first quarter.
The company said revenue for the quarter fell 90.2% to $98.2 million. This was down from $1002.7 million last year.
General Cable Corp. earnings at a glance:
-Earnings (Q1): $44.7 Mln. vs. $41.6 Mln. last year.
-Earnings Growth (Y-o-Y): 7.5%
-EPS (Q1): $0.27 vs. $0.19 last year.
-EPS Growth (Y-o-Y): 42.1%
-Revenue (Q1): $98.2 Mln vs. $1002.7 Mln last year.
-Revenue Change (Y-o-Y): -90.2%
-Guidance:
Next quarter EPS guidance: $0.15 to $0.30
Next quarter revenue guidance: $925 to $975 Mln
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