BNP Paribas (BNPQY) Projected to Post Earnings on Wednesday

BNP Paribas (OTCMKTS:BNPQY) is expected to issue its quarterly earnings data on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.48 per share and revenue of $12.75 billion for the quarter.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, April 24th. The financial services provider reported $1.28 EPS for the quarter, missing the consensus estimate of $1.45 by ($0.17). BNP Paribas had a return on equity of 8.55% and a net margin of 23.02%. The business had revenue of $13.63 billion for the quarter, compared to the consensus estimate of $13.41 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 Performance

Shares of OTCMKTS BNPQY opened at $44.21 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.74. BNP Paribas has a 12 month low of $28.93 and a 12 month high of $46.90. The stock has a 50 day moving average of $44.10 and a 200-day moving average of $39.88. The company has a market capitalization of $99.91 billion, a P/E ratio of 8.50, a P/E/G ratio of 0.78 and a beta of 1.11.

BNP Paribas Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Monday, May 19th were issued a dividend of $1.951 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a yield of 4.38%. BNP Paribas’s payout ratio is currently 38.65%.

Wall Street Analyst Weigh In

BNPQY has been the subject of several analyst reports. Kepler Capital Markets cut BNP Paribas from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 2nd. Barclays reaffirmed an “overweight” rating on shares of BNP Paribas in a report on Tuesday, April 15th.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.