Intesa Sanpaolo (ISNPY) to Release Quarterly Earnings on Tuesday

Intesa Sanpaolo (OTCMKTS:ISNPY) is projected to issue its resultson Tuesday, May 5th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $8.0024 billion for the quarter.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its earnings results on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The company had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a net margin of 23.71% and a return on equity of 13.48%. On average, analysts expect Intesa Sanpaolo to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Intesa Sanpaolo Stock Performance

ISNPY opened at $40.86 on Monday. The firm’s fifty day moving average is $38.33 and its two-hundred day moving average is $39.76. The firm has a market cap of $118.59 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.15 and a beta of 0.80. Intesa Sanpaolo has a twelve month low of $31.78 and a twelve month high of $43.62.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. Kepler Capital Markets raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Citigroup reissued a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo is an Italian banking group formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. The group is one of Italy’s largest financial institutions, serving a wide range of clients from individual retail customers to large corporations and institutional investors. Its long heritage traces to several regional banks and savings institutions that became part of the consolidated group, giving it a prominent role in the Italian financial system.

The company operates across multiple business lines, including retail banking (current accounts, deposits, mortgages and consumer loans), corporate and investment banking (cash management, lending, capital markets and advisory), private banking and wealth management, asset management and insurance.