Barclays (BCS) Set to Announce Earnings on Thursday

by · The Cerbat Gem

Barclays (NYSE:BCS – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 24th. Parties interested in listening to the company’s conference call can do so using this link.

Barclays (NYSE:BCS – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Barclays had a return on equity of 5.94% and a net margin of 16.83%. The company had revenue of $7.98 billion for the quarter. During the same quarter in the prior year, the firm earned $0.43 EPS. On average, analysts expect Barclays to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Barclays Stock Up 1.2 %

Shares of NYSE:BCS opened at $12.76 on Wednesday. Barclays has a 1 year low of $6.23 and a 1 year high of $12.96. The company has a market cap of $47.28 billion, a PE ratio of 9.52, a P/E/G ratio of 0.68 and a beta of 1.42. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.39 and a quick ratio of 1.39. The stock’s 50-day moving average is $12.06 and its 200 day moving average is $11.26.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 20th. Investors of record on Friday, August 16th were issued a dividend of $0.2684 per share. This represents a yield of 3.6%. The ex-dividend date was Friday, August 16th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s payout ratio is currently 21.64%.

Analysts Set New Price Targets

BCS has been the topic of a number of research analyst reports. Kepler Capital Markets started coverage on Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. The Goldman Sachs Group started coverage on Barclays in a report on Tuesday, October 8th. They set a “buy” rating on the stock. Finally, StockNews.com upgraded Barclays from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Get Our Latest Research Report on BCS

About Barclays

(Get Free Report)

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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