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

• Barclays PLC BARC.L reported quarterly adjusted earnings of 12 pence​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 pence. The mean expectation of five analysts for the quarter was for earnings of 11 pence per share. Wall Street expected results to range from 10 pence to 11 pence per share.

• Revenue rose 13.6% to £7.19 billion from a year ago; analysts expected £7.02 billion.

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

• The company reported quarterly net income of £1.66 billion.

• Barclays PLC shares had risen by 7.1% this quarter and gained 34.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2% 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 "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "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 GBp382.50, about 5.6% above its last closing price of GBp361.20

This summary was machine generated from LSEG data July 29 at 08:01 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)