First-quarter revenues of $1.45 billion, up 32 percent from the 2010 period, were within management?s predicted...
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Monday, 2 May 2011
General Cable's 1Q beats Wall Street
General Cable Corp. reported better-than-expected profits of $38 million, or 70 cents per share, for the first quarter. The Highland Heights manufacturer (NYSE: BGC) of cable and wire products lost money last year in the same period, when a one-time charge related to the devaluation of Venezuela?s currency put it in the red. The results easily topped Wall Street analysts? earnings-per-share expectations of about 52 cents.
First-quarter revenues of $1.45 billion, up 32 percent from the 2010 period, were within management?s predicted... 
First-quarter revenues of $1.45 billion, up 32 percent from the 2010 period, were within management?s predicted...
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