Market Overview

UPDATE: Knight Capital Q4 Profit Down 84%

Related KCG
KCG Launches Direct-To-Client Market Making Relationship, Acknowledge
Where Is The Market Headed?

Knight Capital Group (NYSE: KCG) reported an 84% decline in its Q4 profit.

Knight Capital's quarterly profit dropped to $6.5 million, versus $40.2 million, in the year-ago period. Its per-share earnings fell to a penny versus $0.43, compared to analysts' estimates of $0.03 per share.

Its revenue declined 16% to $287.7 million.

Knight Capital shares closed at $3.69 yesterday.

Posted-In: profitEarnings News


Related Articles (KCG)

View Comments and Join the Discussion!

Get Benzinga's Newsletters