Mizuho Financial Group, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Mizuho Financial Group, Inc. 8411.T reported quarterly adjusted earnings of JPY195.28​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of JPY160.30. The mean expectation of three analysts for the quarter was for earnings of JPY150.95 per share. Wall Street expected results to range from JPY132.17 to JPY166.21 per share.

• Revenue rose 45.3% to JPY1.04 trillion from a year ago; analysts expected JPY1.04 trillion.

• Mizuho Financial Group, Inc.'s reported EPS for the quarter was JPY195.28​.

• The company reported quarterly net income of JPY473.58 billion.

• Mizuho Financial Group, Inc. shares had fallen by 7.9% this quarter and gained 43.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "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 Mizuho Financial Group, Inc. is JPY9,800.00, about 18.2% above its last closing price of JPY8,020.00

This summary was machine generated from LSEG data November 13 at 05:49 p.m. UTC. ​All figures in yen 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)