Intesa Sanpaolo Spa to Post FY2019 Earnings of $1.50 Per Share, Jefferies Financial Group Forecasts (ISNPY)

Intesa Sanpaolo Spa (OTCMKTS:ISNPY) – Jefferies Financial Group dropped their FY2019 earnings per share (EPS) estimates for Intesa Sanpaolo in a note issued to investors on Thursday, December 6th. Jefferies Financial Group analyst B. Creelan-Sandf now forecasts that the financial services provider will post earnings of $1.50 per share for the year, down from their prior forecast of $1.67.

Several other analysts also recently issued reports on the stock. Zacks Investment Research raised shares of Intesa Sanpaolo from a “strong sell” rating to a “hold” rating in a report on Thursday, October 25th. ValuEngine upgraded shares of Intesa Sanpaolo from a “strong sell” rating to a “sell” rating in a research note on Monday, September 24th.

OTCMKTS ISNPY opened at $13.35 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.35 and a debt-to-equity ratio of 1.66. The firm has a market cap of $36.00 billion, a P/E ratio of 4.49 and a beta of 1.04. Intesa Sanpaolo has a 1 year low of $12.68 and a 1 year high of $23.85.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. provides various banking products and services. It operates through Banca dei Territori, Banking, Internat Subsidiary Banks, Private Banking, and Asset Management business units. The company offers lending and deposit products; corporate, investment banking, and public finance services; industrial credit, factoring, and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension fund, and fiduciary services.

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