NatWest Group (RBSPF) Expected to Announce Earnings on Friday

NatWest Group (OTCMKTS:RBSPF) is anticipated to issue its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.2547 per share and revenue of $6.17 billion for the quarter.

NatWest Group (OTCMKTS:RBSPF) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The company had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.83 billion.

NatWest Group Stock Performance

Shares of OTCMKTS:RBSPF opened at $8.52 on Wednesday. The stock’s fifty day simple moving average is $8.99 and its two-hundred day simple moving average is $8.52. NatWest Group has a 1-year low of $6.75 and a 1-year high of $9.80.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services group formerly known as The Royal Bank of Scotland Group. The group serves individuals, families, businesses and institutions through brands including NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.

Its personal banking activities include current and savings accounts, mortgages, credit cards, personal loans, insurance and digital banking services. NatWest also provides private banking and wealth management services, while its business and commercial banking operations offer lending, payments, cash management, trade finance and other financial services to small businesses, mid-sized companies, large corporations and institutional clients.

NatWest Group primarily serves customers in the United Kingdom, with operations and services focused on the country’s retail, commercial and institutional banking markets.