Credit Agricole (CRARY) Projected to Post Quarterly Earnings on Wednesday

Credit Agricole (OTCMKTS:CRARY) will likely be announcing its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Credit Agricole (OTCMKTS:CRARY) last posted its earnings results on Thursday, October 30th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. Credit Agricole had a return on equity of 37.56% and a net margin of 27.03%.

Credit Agricole Price Performance

Shares of OTCMKTS CRARY opened at $10.92 on Wednesday. The firm’s 50 day simple moving average is $10.03 and its two-hundred day simple moving average is $9.67. The stock has a market capitalization of $66.09 billion, a P/E ratio of 8.40 and a beta of 0.67. Credit Agricole has a one year low of $7.26 and a one year high of $10.94.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Oddo Bhf upgraded Credit Agricole from a “neutral” rating to an “outperform” rating in a research note on Tuesday. Zacks Research downgraded Credit Agricole from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Credit Agricole in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Credit Agricole in a research note on Friday, December 19th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Credit Agricole

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.