Lloyds Banking Group (LYG) Expected to Announce Quarterly Earnings on Thursday

Posted by Defense World Staff on Feb 20th, 2025

Lloyds Banking Group (NYSE:LYG – Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $4.53 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Lloyds Banking Group Stock Down 1.4 %

NYSE LYG opened at $3.15 on Thursday. The company has a fifty day moving average of $2.89 and a two-hundred day moving average of $2.92. The firm has a market capitalization of $47.77 billion, a price-to-earnings ratio of 8.06 and a beta of 1.31. Lloyds Banking Group has a 52 week low of $2.13 and a 52 week high of $3.24.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley lowered shares of Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 30th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Lloyds Banking Group presently has an average rating of “Hold” and an average price target of $2.75.

Read Our Latest Report on LYG

Lloyds Banking Group Company Profile

(Get Free Report)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.