ING Groep (ING) Scheduled to Post Earnings on Thursday

ING Groep (NYSE:ING) is set to post its quarterly earnings results before the market opens on Thursday, August 1st. Investors interested in participating in the company’s conference call can do so using this link.

ING Groep (NYSE:ING) last released its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.52 earnings per share for the quarter. The company had revenue of $6.06 billion for 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 Stock Down 0.4 %

Shares of NYSE:ING traded down $0.07 during midday trading on Wednesday, reaching $18.08. The company’s stock had a trading volume of 176,310 shares, compared to its average volume of 2,568,774. The firm has a market capitalization of $63.25 billion, a P/E ratio of 8.03 and a beta of 1.54. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.68. ING Groep has a 12-month low of $12.44 and a 12-month high of $18.66. The firm has a 50 day moving average of $17.69 and a 200-day moving average of $16.12.

Analysts Set New Price Targets

Separately, Barclays raised ING Groep from an “equal weight” rating to an “overweight” rating in a research 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.