Barclays PLC reports results for the quarter ended September 30 - Earnings Summary

• Barclays PLC BARC.L reported quarterly adjusted earnings of 12 pence​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for earnings of 12 pence per share. Wall Street expected results to range from 11 pence to 13 pence per share.

• Revenue rose 2.8% to £7.37 billion from a year ago; analysts expected £7.61 billion.

• Barclays PLC's reported EPS for the quarter was 12 pence​.

• The company reported quarterly net income of £1.65 billion.

• Barclays PLC shares had fallen by 8.4% this quarter and lost 11.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.1% in the last three months.​

• In the last 30 days, four 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," 5 "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 GBp580.00, about 27.7% above its last closing price of GBp419.20

This summary was machine generated from LSEG data October 22 at 04:09 p.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)