Banco Bilbao Vizcaya Argentaria, S.a reports results for the quarter ended September 30 - Earnings Summary

• Banco Bilbao Vizcaya Argentaria, S.a BBVA.MC reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of four analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 51 cents to 55 cents per share.

• Revenue rose 64.4% to €10.91 billion from a year ago; analysts expected €10.82 billion.

• Banco Bilbao Vizcaya Argentaria, S.a's reported EPS for the quarter was 52 cents​.

• The company reported quarterly net income of €3.02 billion.

• Banco Bilbao Vizcaya Argentaria, S.a shares had fallen by 9.5% this quarter and gained 12.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Banco Bilbao Vizcaya Argentaria, S.a is €24.95, about 10% above its last closing price of €22.45

This summary was machine generated from LSEG data October 29 at 08:30 a.m. UTC. ​All figures in euros 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)