KBC Group (KBCSY) to Release Earnings on Thursday

KBC Group (OTCMKTS:KBCSY) is expected to be issuing its quarterly earnings data before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $1.34 per share and revenue of $3.27 billion for the quarter.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.03. KBC Group had a net margin of 14.27% and a return on equity of 14.50%. The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $3.03 billion. On average, analysts expect KBC Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

KBC Group Trading Up 1.4%

Shares of KBCSY stock opened at $54.27 on Thursday. KBC Group has a 12-month low of $35.41 and a 12-month high of $54.39. The stock has a market capitalization of $45.32 billion, a P/E ratio of 11.93, a P/E/G ratio of 2.01 and a beta of 0.82. The firm’s 50 day moving average is $51.06 and its 200 day moving average is $46.62.

Analyst Ratings Changes

Several research analysts recently commented on the company. Morgan Stanley restated an “overweight” rating on shares of KBC Group in a report on Thursday, July 10th. Barclays cut KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 15th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a report on Wednesday, April 23rd.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.