Credit Agricole (CRARY) Set to Release Quarterly Earnings on Thursday

Credit Agricole (OTCMKTS:CRARY) is expected to issue its resultson Thursday, October 29th. Analysts expect Credit Agricole to post earnings of $0.30 per share and revenue of $7.85 billion for the quarter.

Credit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). Credit Agricole had a return on equity of 31.64% and a net margin of 23.39%. The business had revenue of $8.47 billion during the quarter, compared to analyst estimates of $7.99 billion. On average, analysts expect Credit Agricole to post $1.27 EPS for the current fiscal year and $1.39 EPS for the next fiscal year.

Credit Agricole Price Performance

OTCMKTS CRARY opened at $8.36 on Tuesday. Credit Agricole has a 12 month low of $8.19 and a 12 month high of $11.66. The company has a market capitalization of $51.13 billion, a P/E ratio of 7.46 and a beta of 0.64. The company’s 50 day simple moving average is $10.10 and its 200 day simple moving average is $10.12.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Credit Agricole in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Credit Agricole

Credit Agricole SA is a French banking group that provides retail, corporate and investment banking, insurance, asset management, consumer finance and specialized financial services. Through its networks and subsidiaries, the group serves individuals, businesses, institutional investors, farmers and public-sector organizations.

Its principal activities include retail banking in France and selected international markets; savings, life and property insurance; wealth and asset management; corporate and investment banking; consumer lending; leasing and factoring; payments; and financing for the agricultural and food sectors.