Credit Agricole (CRARY) Expected to Announce Earnings on Wednesday

Credit Agricole (OTCMKTS:CRARY) is projected to release its results before the market opens on Wednesday, November 5th. Analysts expect Credit Agricole to post earnings of $0.28 per share for the quarter.

Credit Agricole (OTCMKTS:CRARY) last posted its earnings results on Thursday, July 31st. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. Credit Agricole had a net margin of 26.77% and a return on equity of 27.20%.

Credit Agricole Stock Down 0.3%

OTCMKTS:CRARY opened at $9.44 on Wednesday. The firm has a market capitalization of $57.56 billion, a PE ratio of 7.49 and a beta of 1.01. Credit Agricole has a 12-month low of $6.44 and a 12-month high of $10.20. The firm has a 50-day moving average price of $9.55 and a 200 day moving average price of $9.44.

Analysts Set New Price Targets

CRARY has been the subject of several analyst reports. Keefe, Bruyette & Woods downgraded Credit Agricole from a “hold” rating to a “moderate sell” rating in a research report on Thursday, August 21st. Zacks Research upgraded Credit Agricole from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of “Strong Buy”.

About Credit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.