BNP Paribas (OTCMKTS:BNPQY) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

BNP Paribas (OTCMKTS:BNPQY) issued its quarterly earnings data on Thursday. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12, Zacks reports. BNP Paribas had a net margin of 22.74% and a return on equity of 8.56%.

BNP Paribas Price Performance

BNPQY opened at $54.38 on Friday. The stock has a market capitalization of $119.81 billion, a PE ratio of 9.80, a P/E/G ratio of 0.77 and a beta of 0.72. The company’s 50 day simple moving average is $48.67 and its 200 day simple moving average is $45.56. BNP Paribas has a 1 year low of $34.77 and a 1 year high of $54.97. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barclays cut BNP Paribas from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 22nd. Keefe, Bruyette & Woods raised BNP Paribas from a “moderate sell” rating to a “hold” rating in a report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research note on Friday, October 10th. Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Thursday, January 22nd. Finally, DZ Bank downgraded shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, BNP Paribas currently 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.