Societe Generale Group (SCGLY) to Announce Earnings on Thursday

Societe Generale Group (OTCMKTS:SCGLYGet Free Report) is projected to issue its results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.39 per share and revenue of $8.03 billion for the quarter.

Societe Generale Group (OTCMKTS:SCGLYGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. Societe Generale Group had a net margin of 22.33% and a return on equity of 6.92%. The company had revenue of $8.32 billion for the quarter, compared to analyst estimates of $8.29 billion. On average, analysts expect Societe Generale Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Societe Generale Group Stock Performance

Shares of Societe Generale Group stock opened at $17.52 on Wednesday. Societe Generale Group has a fifty-two week low of $11.87 and a fifty-two week high of $18.30. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $65.21 billion, a P/E ratio of 9.73, a P/E/G ratio of 0.59 and a beta of 0.80. The company’s 50 day moving average price is $17.04 and its two-hundred day moving average price is $16.55.

Analyst Upgrades and Downgrades

SCGLY has been the subject of several recent research reports. Citigroup reaffirmed a “buy” rating on shares of Societe Generale Group in a research note on Monday, July 20th. Societe Generale upgraded shares of Societe Generale Group from a “market perform” rating to a “hold” rating in a report on Friday, May 15th. Kepler Capital Markets upgraded Societe Generale Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Zacks Research raised Societe Generale Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Societe Generale Group in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Read Our Latest Analysis on SCGLY

About Societe Generale Group

(Get Free Report)

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.

Further Reading

Earnings History for Societe Generale Group (OTCMKTS:SCGLY)

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