Feb 8 （Reuters） - General Cable Corp's （BGC.N） quarterly profit more than quadrupled, helped by growth in demand for its transmission cables in the Americas, and forecast first-quarter revenue above analysts' estimates.
The maker of copper, aluminum and fiber optic wire and cable products, sees first-quarter revenue of $1.40-$1.45 billion, compared with analysts' estimates of $1.31 billion, according to Thomson Reuters I/B/E/S.
October-December earnings were $35 million, or 66 cents a share, compared with $8.5 million, or 16 cents a share, a year ago.
Excluding items, General Cable earned 75 cents a share. Revenue for the company, which competes with Baldor Electric Co BEZ.N and Belden Inc （BDC.N）, rose 7 percent to $1.36 billion. Sales in North America rose 31 percent.
Analysts on average were expecting earnings of 47 cents a share, on revenue of $1.32 billion.
Shares of the Highland Heights, Kentucky-based company closed at $40.22 on Tuesday on the New York Stock Exchange. The stock has gained 43 percent since the company reported third-quarter results on Nov. 3.
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