Intesa Sanpaolo (ISNPY) Expected to Release Quarterly Earnings on Friday

Intesa Sanpaolo (OTCMKTS:ISNPY) is expected to announce its resultson Friday, October 30th. Analysts expect Intesa Sanpaolo to post earnings of $1.03 per share and revenue of $7.88 billion for the quarter.

Intesa Sanpaolo Stock Down 0.8%

Shares of ISNPY opened at $40.09 on Thursday. Intesa Sanpaolo has a 12-month low of $34.06 and a 12-month high of $48.42. The business has a 50-day simple moving average of $44.57 and a two-hundred day simple moving average of $41.92. The stock has a market cap of $118.15 billion, a PE ratio of 10.31 and a beta of 0.81.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. is an Italian banking group headquartered in Turin, Italy, and one of the country’s major financial institutions. The group was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI, combining their banking, wealth management and corporate finance operations.

Intesa Sanpaolo provides retail and commercial banking services, including current accounts, lending, mortgages, payment services and savings products. Its other activities include corporate and investment banking, private banking, asset management, insurance and wealth management.