Société Générale Société anonyme (OTCMKTS:SCGLY) Posts Earnings Results, Beats Expectations By $0.13 EPS

Société Générale Société anonyme (OTCMKTS:SCGLY) announced its quarterly earnings results on Friday. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.13, reports. Société Générale Société anonyme had a return on equity of 3.57% and a net margin of 8.35%. The business had revenue of $7.21 billion during the quarter.

Société Générale Société anonyme Price Performance

Société Générale Société anonyme stock opened at $5.33 on Monday. The business’s fifty day moving average is $5.30 and its two-hundred day moving average is $5.10. The company has a debt-to-equity ratio of 3.62, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market cap of $21.40 billion, a P/E ratio of 8.08, a P/E/G ratio of 0.10 and a beta of 1.44. Société Générale Société anonyme has a 52 week low of $4.32 and a 52 week high of $5.84.

Wall Street Analyst Weigh In

SCGLY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Société Générale Société anonyme in a research report on Wednesday, March 27th. Morgan Stanley restated an “equal weight” rating on shares of Société Générale Société anonyme in a report on Monday, March 25th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Société Générale Société anonyme Company Profile

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.