BNP Paribas (OTCMKTS:BNPQY) Announces Earnings Results, Beats Estimates By $0.12 EPS

BNP Paribas (OTCMKTS:BNPQY) posted its quarterly earnings data on Thursday. The financial services provider reported $1.46 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

OTCMKTS:BNPQY traded up $0.67 during trading hours on Thursday, hitting $54.34. 297,069 shares of the stock were exchanged, compared to its average volume of 441,048. BNP Paribas has a 52-week low of $34.77 and a 52-week high of $54.97. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.75. The firm’s fifty day moving average price is $48.42 and its 200 day moving average price is $45.50. The company has a market cap of $119.72 billion, a P/E ratio of 9.79, a P/E/G ratio of 0.78 and a beta of 0.72.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research report on Thursday, January 22nd. Zacks Research upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Barclays cut shares of BNP Paribas from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research note on Wednesday, January 21st. Finally, Keefe, Bruyette & Woods raised shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently 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.