BNP Paribas (BNPQY) Projected to Release Earnings on Thursday

BNP Paribas (OTCMKTS:BNPQY) is anticipated to post its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $1.92 per share and revenue of $15.5228 billion for the quarter.

BNP Paribas (OTCMKTS:BNPQY) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.60 EPS for the quarter, beating the consensus estimate of $1.47 by $0.13. The business had revenue of $86.05 billion during the quarter, compared to analysts’ expectations of $15.85 billion. BNP Paribas had a return on equity of 9.63% 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 Price Performance

Shares of BNPQY opened at $58.64 on Tuesday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $129.20 billion, a PE ratio of 9.41, a PEG ratio of 0.58 and a beta of 0.77. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $59.55. The firm’s 50 day moving average price is $55.69 and its 200 day moving average price is $53.23.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BNPQY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a research note on Monday. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus 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.