BNP Paribas (BNPQY) Projected to Announce Quarterly Earnings on Thursday

BNP Paribas (OTCMKTS:BNPQY) is expected to release its resultson Thursday, July 23rd. Analysts expect BNP Paribas to post earnings of $1.92 per share and revenue of $15.5417 billion for the quarter.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, April 30th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.13. The firm had revenue of $86.05 billion during the quarter, compared to the consensus estimate of $15.85 billion. BNP Paribas had a return on equity of 9.61% and a net margin of 23.86%. On average, analysts expect BNP Paribas to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

BNP Paribas Stock Performance

BNPQY opened at $58.96 on Thursday. BNP Paribas has a 52-week low of $37.50 and a 52-week high of $59.55. The firm has a market cap of $129.89 billion, a P/E ratio of 9.46, a price-to-earnings-growth ratio of 0.58 and a beta of 0.77. The business’s fifty day moving average is $55.42 and its 200-day moving average is $53.00.

Wall Street Analysts Forecast Growth

BNPQY has been the subject of several recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BNP Paribas currently has an average rating of “Hold”.

BNP Paribas Company Profile

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.