Intesa Sanpaolo (ISNPY) Expected to Announce Earnings on Monday

Intesa Sanpaolo (OTCMKTS:ISNPY) is projected to announce its resultson Monday, May 25th. Analysts expect the company to announce earnings of $1.07 per share and revenue of $8.2925 billion for the quarter.

Intesa Sanpaolo (OTCMKTS:ISNPY) last announced its quarterly earnings data on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The firm had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a net margin of 23.71% and a return on equity of 13.48%. On average, analysts expect Intesa Sanpaolo to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Intesa Sanpaolo Price Performance

Shares of ISNPY opened at $40.08 on Monday. The firm has a market capitalization of $116.32 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 1.11 and a beta of 0.80. Intesa Sanpaolo has a 1-year low of $32.16 and a 1-year high of $43.62. The company’s fifty day moving average price is $38.43 and its 200-day moving average price is $39.94.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ISNPY shares. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Citigroup reissued a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Finally, Kepler Capital Markets raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo is an Italian banking group formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. The group is one of Italy’s largest financial institutions, serving a wide range of clients from individual retail customers to large corporations and institutional investors. Its long heritage traces to several regional banks and savings institutions that became part of the consolidated group, giving it a prominent role in the Italian financial system.

The company operates across multiple business lines, including retail banking (current accounts, deposits, mortgages and consumer loans), corporate and investment banking (cash management, lending, capital markets and advisory), private banking and wealth management, asset management and insurance.