Barclays (NYSE:BCS) Releases Earnings Results, Misses Expectations By $0.01 EPS

Barclays (NYSE:BCS) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01), Zacks reports. Barclays had a net margin of 22.27% and a return on equity of 8.80%. The firm had revenue of $9.80 billion during the quarter, compared to analyst estimates of $10.10 billion.

Barclays Price Performance

Shares of NYSE BCS traded down $0.53 during midday trading on Thursday, reaching $22.07. The company’s stock had a trading volume of 2,321,720 shares, compared to its average volume of 6,011,852. The company has a debt-to-equity ratio of 5.76, a quick ratio of 1.46 and a current ratio of 1.46. Barclays has a fifty-two week low of $19.83 and a fifty-two week high of $28.68. The business’s 50 day moving average price is $25.24 and its two-hundred day moving average price is $25.34. The company has a market cap of $73.80 billion, a P/E ratio of 8.24, a P/E/G ratio of 0.48 and a beta of 1.02.

Barclays Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 7th were issued a dividend of $0.3134 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a dividend yield of 224.0%. Barclays’s dividend payout ratio (DPR) is currently 22.76%.

Wall Street Analyst Weigh In

BCS has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Barclays from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Morgan Stanley lowered shares of Barclays from an “overweight” rating to an “equal weight” rating in a report on Wednesday, September 2nd. Citigroup reissued a “neutral” rating on shares of Barclays in a research report on Thursday, July 16th. Berenberg Bank assumed coverage on Barclays in a report on Wednesday, June 24th. They set a “buy” rating on the stock. Finally, Bank of America lowered shares of Barclays from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 1st. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Trending Headlines about Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Share buyback supports shareholder returns: Barclays announced a £500 million repurchase programme, equivalent to about $670 million, alongside its earnings release. The bank also confirmed its FY26 and FY28 targets, reinforcing management’s confidence in its outlook. Barclays Q3 Results Rise, To Buy Back £500 Million Shares; Confirms FY26 and FY28 Targets
• Positive Sentiment: Profit and income increased: Third-quarter pretax profit rose 12% to approximately £2.32 billion, while group income increased 3% to £7.4 billion. Attributable profit rose 13% to £1.6 billion and earnings per share climbed 18% to 12.3 pence, helped by higher income and lower impairment charges. Barclays Profit Rises 12% as Bank Launches £500 Million Buyback
• Positive Sentiment: UBS remains constructive: UBS retained a “buy” rating and a 590-pence price target, suggesting the analyst views the earnings weakness as manageable and sees further upside potential. Barclays Profit Rises but Misses Forecasts as UBS Keeps Buy Rating
• Neutral Sentiment: AI-driven restructuring: Barclays plans to eliminate about 5,000 positions, or roughly 5% of its global workforce, as it seeks efficiency gains from artificial intelligence. The cuts could reduce costs over time, although execution and employee-impact risks remain. Barclays to Cut 5,000 Jobs This Year
• Negative Sentiment: Quarterly results missed expectations: Pretax profit was about 4% below consensus, primarily because fixed-income trading revenue weakened, despite stronger equities performance. The earnings shortfall may limit the near-term benefit of the profit growth and buyback. Barclays Pretax Profit Misses Estimates on Fixed-Income Weakness
• Negative Sentiment: Legal overhang: Rosen Law Firm announced an investigation into potential securities claims involving allegedly misleading business information. The announcement is preliminary, but it adds a potential litigation risk for shareholders. Rosen Investor Counsel Announces Barclays Securities Class Action Investigation

Barclays Company Profile

Barclays PLC is a diversified financial services company headquartered in London, England. Through its banking and financial services businesses, the company serves individuals, businesses, institutions and governments in the United Kingdom, the United States and other international markets.

Its principal activities include consumer and business banking, current and savings accounts, mortgages, personal loans, credit cards and payment services. Barclays also provides private banking and wealth management services, including investment management, financial planning and lending for high-net-worth clients.

Through its corporate and investment banking operations, Barclays offers corporate lending, transaction banking, financial advice, securities underwriting, sales and trading, research and capital-markets services.