ING Group reports quarterly earnings and sales forecasts for upcoming fiscal year

The financial results for the third quarter of 2024 will be announced by ING Group on October 31, 2024.

Analysts predict that the average earnings per share will be EUR 0.509, which is a decrease from EUR 0.560 in the same quarter last year. Sales are also expected to decline, with an average forecast of EUR 5.66 billion, down 3.18% from EUR 5.84 billion in the previous year.

For the current fiscal year, analysts anticipate an average earnings per share of EUR 1.98, a significant increase from EUR 1.16 in the prior year. Estimates suggest that EUR 22.44 billion will be generated in total turnover, which is a stark contrast to the EUR 60.19 billion reported in the same period last year.

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