BNP Paribas (BNPQY) Expected to Announce Earnings on Thursday

Key Points

• BNP Paribas is expected to announce results on Thursday, April 23, with analysts projecting $1.24 EPS and $12.9442 billion in revenue for the quarter.
• The bank recently beat the prior quarter's consensus (reported $1.46 EPS vs. $1.34 expected), and analysts forecast about $5 EPS for the current fiscal year and $6 EPS for the next.
• BNP Paribas has a market cap of $118.88 billion and a P/E of 9.13, its shares recently traded around $53.96 (52-week range $37.50–$57.31), and the average analyst rating is "Hold" (three Buys, four Holds).

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) is anticipated to announce its resultson Thursday, April 23rd. Analysts expect the company to announce earnings of $1.24 per share and revenue of $12.9442 billion for the quarter.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. BNP Paribas had a return on equity of 9.18% and a net margin of 23.53%.The business had revenue of $15.27 billion during the quarter, compared to analysts' expectations of $15.27 billion. On average, analysts expect BNP Paribas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

BNP Paribas Stock Up 0.4%

BNPQY stock opened at $53.96 on Thursday. The company's 50 day moving average price is $51.89 and its 200 day moving average price is $47.45. The firm has a market capitalization of $118.88 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 0.71 and a beta of 0.76. BNP Paribas has a fifty-two week low of $37.50 and a fifty-two week high of $57.31. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Zacks Research downgraded shares of BNP Paribas from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a "hold" rating to a "moderate buy" rating in a research note on Friday, March 6th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BNP Paribas in a report on Tuesday, February 17th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of BNP Paribas in a report on Friday, February 6th. Finally, Citigroup reiterated a "buy" rating on shares of BNP Paribas in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, BNP Paribas presently has an average rating of "Hold".

About BNP Paribas

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.

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