KCG Holdings Class A (KCG) Releases Earnings Results, Beats Expectations By $0.10 EPS

KCG Holdings Class A (KCG) reported quarterly earnings results on Thursday, Jul-21-2016. The company said it had a profit of $0.38 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $0.28. The company posted revenue of $319.90 million in the period, compared to analysts expectations of $280.16 million. The company’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.

Many Wall Street Analysts have commented on KCG Holdings Class A. KCG Holdings Class A was Initiated by Buckingham Research to “Buy” on Jun 7, 2016.

KCG Holdings Class A opened for trading at $14.31 and hit $14.355 on the upside on Wednesday, eventually ending the session at $14.33, with a gain of 0.14% or 0.02 points. The heightened volatility saw the trading volume jump to 4,32,405 shares. Company has a market cap of $1,254 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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