Deutsche Boerse (DBOEY) Set to Announce Quarterly Earnings on Tuesday

Deutsche Boerse (OTCMKTS:DBOEY) is expected to issue its results after the market closes on Tuesday, October 20th. Analysts expect the company to post earnings of $0.35 per share and revenue of $1.79 billion for the quarter.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.82 billion. On average, analysts expect Deutsche Boerse to post $1.42 EPS for the current fiscal year and $1.55 EPS for the next fiscal year.

Deutsche Boerse Stock Performance

DBOEY opened at $34.62 on Monday. The stock has a market capitalization of $62.42 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 2.13 and a beta of 0.43. The stock’s 50 day moving average price is $32.59 and its 200-day moving average price is $30.46. Deutsche Boerse has a 52-week low of $23.25 and a 52-week high of $34.84.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Deutsche Boerse has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.