Doha Bank
DHBK
0.47%
1.51
0.01
DHBK
QNB
QNBK
-1.05%
14.10
-0.15
QNBK
QIB
QIBK
-1.30%
18.22
-0.24
QIBK
Al Rayan
MARK
0.00%
2.53
0.00
MARK
The Commercial Bank
CBQK
0.00%
4.25
0.00
CBQK
Qatar listed companies’ net profit is estimated to grow by 14.1% for the third quarter of 2014 (Q3, 2014) on year-on-year basis. A consensus estimates indicate 2.8% growth in the profits of the companies compared to the previous quarter.
A recent report released by Investment Bank SICO titled “GCC Equities-3Q14 Consensus Estimates” forecasted GCC companies’ Q3 profits to increase by 13.6% on a YoY basis and 1% quarter-on-quarter. Analysts’ estimates are available for 148 companies, compared to 141 companies in Q2, 14, representing 76 % of the total market capitalisation of the regional market.
The total number of companies covered in Qatar is 11, including the banking major, QNB, Commercial Bank of Qatar, Doha Bank, Masraf Al Rayan and QIB. Commercial Bank of Qatar’s earnings is projected to increase by 72 % YoY and Masraf Al Rayan by 23 %. Masraf Al Rayan’s QoQ earnings are projected to grow by 12 %.
A recent report released by Investment Bank SICO titled “GCC Equities-3Q14 Consensus Estimates” forecasted GCC companies’ Q3 profits to increase by 13.6% on a YoY basis and 1% quarter-on-quarter. Analysts’ estimates are available for 148 companies, compared to 141 companies in Q2, 14, representing 76 % of the total market capitalisation of the regional market.
The total number of companies covered in Qatar is 11, including the banking major, QNB, Commercial Bank of Qatar, Doha Bank, Masraf Al Rayan and QIB. Commercial Bank of Qatar’s earnings is projected to increase by 72 % YoY and Masraf Al Rayan by 23 %. Masraf Al Rayan’s QoQ earnings are projected to grow by 12 %.
Source:
Mubasher