General Cable Down Over 15% on Downbeat Earnings
Symbols: BGC
Posted in: Intraday Update, Movers
General Cable (NYSE: BGC) is down over 15% on the downbeat earnings and EPS guidance reported this morning. The company announced Q2 EPS $0.77 vs $0.83 Est; Revenues $1.53B vs $1.60B Est and guided Q3 EPS $0.66-0.76 vs $0.77 Est.
General Cable is currently trading at $33.75, a loss of $6.25 or 15.62%.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We're Loving
