BNP Paribas (BNPQY) Expected to Announce Earnings on Tuesday

BNP Paribas (OTCMKTS:BNPQY) is expected to be posting its results before the market opens on Tuesday, February 3rd. Analysts expect BNP Paribas to post earnings of $1.34 per share for the quarter.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Tuesday, October 28th. The financial services provider reported $1.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.53. BNP Paribas had a net margin of 22.74% and a return on equity of 8.56%. The business had revenue of $81.48 billion during the quarter, compared to analyst estimates of $12.84 billion. On average, analysts expect BNP Paribas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

BNP Paribas Stock Up 1.0%

Shares of OTCMKTS BNPQY opened at $52.76 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.75. BNP Paribas has a 12-month low of $32.76 and a 12-month high of $52.80. The company has a 50-day moving average of $46.49 and a 200 day moving average of $45.04. The stock has a market cap of $117.84 billion, a PE ratio of 9.51, a P/E/G ratio of 0.75 and a beta of 0.74.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. DZ Bank cut BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Zacks Research raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research report on Wednesday, January 21st. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a report on Monday, December 15th. Finally, Barclays lowered shares of BNP Paribas from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.