Credit Agricole (CRARY) Set to Announce Earnings on Thursday

Credit Agricole (OTCMKTS:CRARY) will likely be releasing its resultson Thursday, October 29th. Analysts expect Credit Agricole to post earnings of $0.30 per share and revenue of $7.88 billion for the quarter.

Credit Agricole (OTCMKTS:CRARY) last issued its earnings results 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 company had revenue of $8.47 billion during the quarter, compared to analysts’ expectations 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 Trading Down 0.2%

OTCMKTS:CRARY opened at $8.48 on Thursday. Credit Agricole has a 12 month low of $8.38 and a 12 month high of $11.66. The company has a market cap of $51.86 billion, a PE ratio of 7.59 and a beta of 0.64. The company has a 50 day simple moving average of $10.22 and a two-hundred day simple moving average of $10.11.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued 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’s stock. Based on data from MarketBeat, the stock presently has an average 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.