BNP Paribas FY2027 EPS Forecast Raised by Erste Group Bank

Key Points

• Erste Group Bank raised its FY2027 EPS forecast for BNP Paribas to $7.60, up from $7.44 and above the current consensus estimate of $6.67.
• Analyst sentiment is broadly positive, with BNP Paribas carrying a “Moderate Buy” consensus rating; recent actions included upgrades from DZ Bank and Kepler Capital Markets.
• BNP Paribas exceeded quarterly expectations, reporting $2.16 EPS versus $1.92 expected and revenue of $16.38 billion against a $15.44 billion estimate. Shares opened at $64.87, near their 12-month high of $65.50.

BNP Paribas SA (OTCMKTS:BNPQY - Free Report) - Research analysts at Erste Group Bank raised their FY2027 earnings per share estimates for BNP Paribas in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings per share of $7.60 for the year, up from their prior estimate of $7.44. The consensus estimate for BNP Paribas' current full-year earnings is $6.67 per share.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BNP Paribas in a report on Wednesday, July 15th. DZ Bank raised shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a research report on Friday, July 24th. Kepler Capital Markets upgraded shares of BNP Paribas from a "strong sell" rating to a "hold" rating in a research note on Monday, July 27th. Citigroup reaffirmed a "buy" rating on shares of BNP Paribas in a research report on Monday, July 20th. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of BNP Paribas in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, BNP Paribas currently has a consensus rating of "Moderate Buy".

BNP Paribas Price Performance

Shares of BNPQY opened at $64.87 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.24. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $65.50. The stock has a market capitalization of $142.92 billion, a P/E ratio of 9.61, a P/E/G ratio of 0.64 and a beta of 0.77. The company has a 50 day moving average of $58.42 and a 200-day moving average of $54.55.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.24. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%.The business had revenue of $16.38 billion for the quarter, compared to analyst estimates of $15.44 billion.

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.

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