Credit Agricole (CRARY) to Post Earnings on Thursday

Credit Agricole (OTCMKTS:CRARY) will likely be announcing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $8.0065 billion for the quarter.

Credit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.29 by $0.01. Credit Agricole had a net margin of 24.36% and a return on equity of 32.35%. The business had revenue of $8.18 billion for the quarter, compared to analysts’ expectations of $8.25 billion. On average, analysts expect Credit Agricole to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Credit Agricole Stock Up 1.5%

CRARY opened at $10.58 on Tuesday. The company has a market capitalization of $64.03 billion, a PE ratio of 8.82 and a beta of 0.66. The firm has a 50-day simple moving average of $9.85 and a two-hundred day simple moving average of $10.02. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 5.79. Credit Agricole has a 52 week low of $8.80 and a 52 week high of $11.33.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Credit Agricole in a research report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

About Credit Agricole

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.