KBC Group (KBCSY) to Release Earnings on Thursday

KBC Group (OTCMKTS:KBCSY - Get Free Report) will likely be releasing its earnings data on Thursday, May 15th. Analysts expect KBC Group to post earnings of $0.66 per share and revenue of $3.03 billion for the quarter.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.26 by $0.21. The company had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $2.96 billion. KBC Group had a net margin of 13.32% and a return on equity of 14.40%. 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 Price Performance

Shares of OTCMKTS KBCSY traded down $0.17 during midday trading on Tuesday, reaching $45.95. 32,313 shares of the stock were exchanged, compared to its average volume of 39,655. KBC Group has a 12 month low of $33.98 and a 12 month high of $47.98. The business has a 50-day simple moving average of $45.52 and a two-hundred day simple moving average of $41.01. The company has a market capitalization of $38.37 billion, a price-to-earnings ratio of 10.21, a P/E/G ratio of 1.75 and a beta of 0.78.

KBC Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, May 8th will be issued a dividend of $1.1873 per share. This represents a yield of 3.77%. The ex-dividend date is Wednesday, May 7th. This is a positive change from KBC Group's previous dividend of $0.33. KBC Group's dividend payout ratio is presently 52.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Royal Bank of Canada reiterated a "sector perform" rating on shares of KBC Group in a research note on Wednesday, April 23rd. Barclays upgraded shares of KBC Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 17th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of KBC Group in a report on Friday, March 7th.

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.