Barclays PLC reports results for the quarter ended March 31 - Earnings Summary

• Barclays PLC BARC.L reported quarterly adjusted earnings of 14 pence​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 12 pence. 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 12 pence per share.

• Revenue rose 10.9% to £7.71 billion from a year ago; analysts expected £7.33 billion.

• Barclays PLC's reported EPS for the quarter was 13 pence​.

• The company reported quarterly net income of £1.86 billion.

• Barclays PLC shares had risen by 3.5% this quarter and gained 11.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.2% 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 15 "strong buy" or "buy," 3 "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 Barclays PLC is GBp350.00

This summary was machine generated from LSEG data April 30 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)