BNP Paribas (OTCMKTS:BNPQY) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

BNP Paribas (OTCMKTS:BNPQY) posted its earnings results on Thursday. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.13, Zacks reports. The company had revenue of $86.05 billion during the quarter, compared to the consensus estimate of $15.84 billion. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%.

BNP Paribas Trading Up 0.3%

OTCMKTS:BNPQY traded up $0.16 on Friday, hitting $52.65. The stock had a trading volume of 137,763 shares, compared to its average volume of 345,630. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The stock has a market cap of $116.00 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 0.66 and a beta of 0.76. The company has a fifty day moving average price of $51.55 and a two-hundred day moving average price of $48.09. BNP Paribas has a 1-year low of $37.50 and a 1-year high of $57.31.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BNPQY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Friday, February 6th. Zacks Research cut shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research note on Thursday, April 23rd. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research note on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

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.