KCG Holdings Class A (KCG) Releases Earnings Results, Beats Expectations By $0.19 EPS

KCG Holdings Class A (KCG) reported quarterly earnings results on Thursday, Apr-21-2016. The company said it had a profit of $0.41 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.19. Analysts had a consensus of $0.22. The company posted revenue of $345.40 million in the period, compared to analysts expectations of $313.09 million. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.19 EPS.

KCG Holdings Class A opened for trading at $12.3 and hit $12.56 on the upside on Monday, eventually ending the session at $12.5, with a gain of 0.81% or 0.1 points. The heightened volatility saw the trading volume jump to 3,35,089 shares. Company has a market cap of $1,136 M.

In a different news, on Nov 6, 2015, Stephen Schuler (director) sold 1,947,318 shares at $6.45 per share price. According to the SEC, on Nov 4, 2015, John A Mccarthy (General Counsel) sold 40,000 shares at $0.00 per share price. On Aug 19, 2015, Charles E Haldeman (Non-Executive Chairman) purchased 50,000 shares at $10.40 per share price, according to the Form-4 filing with the securities and exchange commission.

KCG Holdings  Class A

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