ING Groep (ING) Set to Announce Quarterly Earnings on Thursday

ING Groep (NYSE:ING) is scheduled to be announcing its earnings results before the market opens on Thursday, August 1st. Investors that wish to listen to the company’s conference call can do so using this link.

ING Groep (NYSE:ING) last posted its quarterly earnings data on Thursday, May 2nd. The financial services provider reported $0.52 earnings per share for the quarter. The business had revenue of $6.06 billion during the quarter. ING Groep had a return on equity of 13.22% and a net margin of 32.20%. On average, analysts expect ING Groep to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ING Groep Trading Down 0.5 %

NYSE ING traded down $0.09 on Tuesday, reaching $18.16. The company had a trading volume of 741,368 shares, compared to its average volume of 2,580,925. The firm has a market cap of $63.53 billion, a price-to-earnings ratio of 8.08 and a beta of 1.54. ING Groep has a fifty-two week low of $12.44 and a fifty-two week high of $18.66. The business has a 50 day moving average of $17.68 and a two-hundred day moving average of $16.09. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.12 and a quick ratio of 1.12.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded ING Groep from an “equal weight” rating to an “overweight” rating in a report on Friday, June 7th.

ING Groep Company Profile

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.