KBC Group (OTCMKTS:KBCSY) Announces Earnings Results, Beats Expectations By $0.21 EPS

KBC Group (OTCMKTS:KBCSY) issued its earnings results on Thursday. The company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21, Zacks reports. KBC Group had a return on equity of 12.49% and a net margin of 11.36%. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $2.96 billion.

KBC Group Stock Up 0.4 %

Shares of KBCSY stock traded up $0.18 during mid-day trading on Friday, reaching $42.97. 11,014 shares of the stock traded hands, compared to its average volume of 69,599. The stock’s fifty day simple moving average is $38.54 and its two-hundred day simple moving average is $37.83. KBC Group has a 1-year low of $33.41 and a 1-year high of $43.21. The company has a market cap of $35.89 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 1.61 and a beta of 1.12.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.