Barclays (BCS) Scheduled to Post Earnings on Thursday

Barclays (NYSE:BCS - Get Free Report) will be announcing its earnings results before the market opens on Thursday, October 24th.

Barclays (NYSE:BCS - Get Free Report) last released its 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. The firm had revenue of $7.98 billion during the quarter. Barclays had a return on equity of 5.94% and a net margin of 16.83%. During the same quarter last year, the business posted $0.43 earnings per share. On average, analysts expect Barclays to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Barclays Trading Up 2.1 %

NYSE:BCS opened at $12.78 on Thursday. The firm has a market cap of $47.35 billion, a PE ratio of 9.35, a price-to-earnings-growth ratio of 0.68 and a beta of 1.42. The stock has a fifty day moving average price of $11.94 and a 200 day moving average price of $11.15. Barclays has a 12-month low of $6.23 and a 12-month high of $12.78. 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. Shareholders of record on Friday, August 16th were issued a dividend of $0.2684 per share. This represents a yield of 3.6%. This is an increase from Barclays's previous semi-annual dividend of $0.27. The ex-dividend date of this dividend was Friday, August 16th. Barclays's payout ratio is 21.64%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BCS. Kepler Capital Markets began coverage on Barclays in a research report on Thursday, September 5th. They set a "buy" rating for the company. The Goldman Sachs Group began coverage on Barclays in a report on Tuesday, October 8th. They issued a "buy" rating for the company. Finally, StockNews.com raised 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. According to MarketBeat, the stock has a consensus rating of "Moderate Buy".

Barclays Company Profile

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.