BNP Paribas (OTCMKTS:BNPQY) Releases Earnings Results, Beats Expectations By $0.11 EPS

BNP Paribas (OTCMKTS:BNPQY – Get Free Report) issued its quarterly earnings data on Wednesday. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.11, Zacks reports.

BNP Paribas Trading Down 1.0%

OTCMKTS:BNPQY traded down $0.49 during mid-day trading on Wednesday, reaching $48.17. 53,682 shares of the stock were exchanged, compared to its average volume of 420,329. BNP Paribas has a 1 year low of $37.50 and a 1 year high of $65.50. The company has a 50 day simple moving average of $55.70 and a 200-day simple moving average of $55.00.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research note on Monday, October 12th. Kepler Capital Markets raised BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. Finally, Zacks Research downgraded BNP Paribas from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BNP Paribas presently has an average rating of “Moderate Buy”.

View Our Latest Report on BNP Paribas

BNP Paribas Company Profile

(Get Free Report)

BNP Paribas is a France-based international banking group offering financial services to individuals, businesses, institutions and governments. Its operations include commercial, personal and retail banking, corporate and institutional banking, and investment and protection services.

The group provides a broad range of products, including deposit and lending services, payment solutions, consumer finance, wealth management, insurance, asset management, securities services, investment banking, and financing and advisory services for corporate and institutional clients.

BNP Paribas serves customers through operations across Europe, as well as in the Americas, Asia-Pacific and other international markets.

Further Reading

Earnings History for BNP Paribas (OTCMKTS:BNPQY)

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