Deutsche Boerse (OTCMKTS:DBOEY) Posts Earnings Results, Beats Expectations By $0.04 EPS
by Amy Steele · The Cerbat GemDeutsche Boerse (OTCMKTS:DBOEY – Get Free Report) announced its quarterly earnings results on Monday. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04, Zacks reports. Deutsche Boerse had a return on equity of 19.23% and a net margin of 32.32%.
Deutsche Boerse Stock Down 0.2%
Deutsche Boerse stock opened at $31.21 on Tuesday. The business has a 50 day moving average price of $28.49 and a two-hundred day moving average price of $26.47. The stock has a market cap of $56.73 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.02 and a beta of 0.47. Deutsche Boerse has a 12 month low of $23.25 and a 12 month high of $33.52.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on DBOEY shares. Oddo Bhf upgraded Deutsche Boerse to an “outperform” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Boerse in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Research Report on DBOEY
About Deutsche Boerse
Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.
Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.