Barclays PLC reports results for the quarter ended in March - Earnings Summary

• Barclays PLC BARC reported quarterly adjusted earnings of 12 pence​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 11 pence. The mean expectation of five analysts for the quarter was for earnings of 9 pence per share. Wall Street expected results to range from 9 pence to 10 pence per share.

• Revenue fell 3.9% to £6.95 billion from a year ago; analysts expected £6.69 billion.

• Barclays PLC's reported EPS for the quarter was 10 pence​.

• The company reported quarterly net income of £1.55 billion.

• Barclays PLC shares had risen by 4.3% this quarter and gained 24.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 37.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Barclays PLC is GBp250.00

This summary was machine generated from LSEG data April 25 at 07:36 a.m. UTC. ​All figures in pounds unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)