AIB Group (AIBRF) to Announce Quarterly Earnings on Thursday

AIB Group (OTCMKTS:AIBRF) will likely be announcing its resultson Thursday, July 30th. Analysts expect AIB Group to announce earnings of $0.4414 per share and revenue of $2.5689 billion for the quarter.

AIB Group Stock Performance

Shares of OTCMKTS AIBRF opened at $12.26 on Thursday. The company has a 50 day simple moving average of $11.61 and a 200-day simple moving average of $11.03. AIB Group has a 1 year low of $7.34 and a 1 year high of $12.26.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AIBRF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of AIB Group in a research report on Monday, April 13th. Citigroup reaffirmed a “buy” rating on shares of AIB Group in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada cut AIB Group from a “sector perform” rating to an “underperform” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold”.

AIB Group Company Profile

AIB Group plc is a leading commercial bank headquartered in Dublin, Ireland, offering a broad range of banking and financial services to personal, business, and corporate customers. Tracing its modern roots to the 1966 merger of three Irish banks—Allied Irish Banks, Provincial Bank of Ireland and Royal Bank of Ireland—AIB has evolved into one of Ireland’s “Big Four” banks. Its shares trade on the Irish Stock Exchange and, in the United States, in the form of American Depositary Receipts under the ticker AIBRF on the OTC Markets.

The bank’s core business activities include retail and private banking, corporate and institutional banking, and treasury services.