Société Générale Société anonyme (OTCMKTS:SCGLY) Releases Earnings Results, Beats Expectations By $0.03 EPS

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03, Zacks reports. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%.

Société Générale Société anonyme Stock Down 1.2 %

Shares of SCGLY stock traded down $0.09 during trading on Monday, reaching $7.38. The company's stock had a trading volume of 751,379 shares, compared to its average volume of 577,984. The company has a market cap of $29.53 billion, a price-to-earnings ratio of 7.38, a price-to-earnings-growth ratio of 0.13 and a beta of 1.34. Société Générale Société anonyme has a one year low of $4.30 and a one year high of $7.52. The business has a fifty day moving average price of $5.90 and a 200-day moving average price of $5.38. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a research report on Wednesday, December 11th. Barclays upgraded Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Finally, Citigroup upgraded Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy".

About Société Générale Société anonyme

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.