Barclays (BCS) Scheduled to Post Quarterly Earnings on Thursday

Barclays (NYSE:BCS) is set to issue its quarterly earnings data before the market opens on Thursday, October 24th.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $7.98 billion during the quarter. Barclays had a net margin of 16.83% and a return on equity of 5.94%. During the same quarter in the prior year, the firm posted $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 Down 1.8 %

Shares of NYSE:BCS opened at $12.61 on Tuesday. The firm has a 50 day simple moving average of $12.03 and a 200-day simple moving average of $11.23. Barclays has a twelve month low of $6.23 and a twelve month high of $12.96. The company has a market capitalization of $46.72 billion, a PE ratio of 9.41, a P/E/G ratio of 0.68 and a beta of 1.42. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.98.

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 given a $0.2684 dividend. This is an increase from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date was Friday, August 16th. This represents a yield of 3.6%. Barclays’s dividend payout ratio is 21.64%.

Wall Street Analysts Forecast Growth

BCS has been the subject of several research reports. StockNews.com upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. The Goldman Sachs Group initiated coverage on shares of Barclays in a research report on Tuesday, October 8th. They issued a “buy” rating for the company. Finally, Kepler Capital Markets initiated coverage on shares of Barclays in a research report on Thursday, September 5th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to data from MarketBeat, Barclays currently has an average rating of “Moderate Buy”.

About Barclays

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.