Barclays Q3 EPS $0.10 Down From $0.44 YoY, Total Income $7.92B Up From $7.01B YoY
Portfolio Pulse from Benzinga Newsdesk
Barclays (NYSE:BCS) reported Q3 earnings of $0.10 per share, a 76.14% decrease YoY. However, total income increased by 13.05% to $7.92 billion from $7.01 billion YoY.
October 24, 2023 | 7:34 am
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NEGATIVE IMPACT
Barclays' Q3 earnings per share decreased significantly by 76.14% YoY, but total income increased by 13.05% YoY.
The significant decrease in Barclays' Q3 earnings per share indicates a decrease in profitability, which could negatively impact the stock price. However, the increase in total income could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100