BNP Paribas (OTCMKTS:BNPQY) Posts Quarterly Earnings Results, Beats Estimates By $0.14 EPS

BNP Paribas (OTCMKTS:BNPQY) posted its earnings results on Thursday. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.14, Zacks reports. BNP Paribas had a return on equity of 8.09% and a net margin of 21.92%.

BNP Paribas Stock Performance

Shares of BNP Paribas stock traded down $0.15 on Thursday, reaching $34.63. 195,404 shares of the stock were exchanged, compared to its average volume of 382,586. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.79. BNP Paribas has a twelve month low of $28.53 and a twelve month high of $39.32. The firm has a market capitalization of $78.26 billion, a price-to-earnings ratio of 6.56, a PEG ratio of 0.28 and a beta of 1.36. The business has a 50 day moving average price of $31.38 and a two-hundred day moving average price of $32.98.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded BNP Paribas to a “moderate buy” rating in a research note on Wednesday, October 9th.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.