Barclays (NYSE:BCS) Posts Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Barclays PLC (NYSE:BCS) announced its earnings results on Thursday. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.15, Zacks reports. Barclays had a net margin of 17.83% and a return on equity of 6.30%.

Barclays Trading Down 5.4 %

BCS opened at $14.57 on Friday. The stock has a market capitalization of $52.55 billion, a PE ratio of 9.91, a P/E/G ratio of 0.46 and a beta of 1.41. The firm’s fifty day moving average price is $13.88 and its 200 day moving average price is $12.85. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. Barclays PLC has a 12-month low of $7.20 and a 12-month high of $15.43.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

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.