DBS Group (DBSDY) to Announce Earnings on Thursday

DBS Group (OTCMKTS:DBSDY) is anticipated to announce its results before the market opens on Thursday, August 6th. Analysts expect DBS Group to post earnings of $3.07 per share and revenue of $4.6615 billion for the quarter.

DBS Group Price Performance

DBSDY traded down $2.41 during trading on Wednesday, hitting $230.01. The stock had a trading volume of 2,000 shares, compared to its average volume of 50,657. DBS Group has a twelve month low of $149.44 and a twelve month high of $238.04. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a 50 day simple moving average of $210.96 and a two-hundred day simple moving average of $192.09.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure upgraded DBS Group to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, DBS Group currently has a consensus rating of “Buy”.

DBS Group Company Profile

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.