Deutsche Boerse (DBOEY) Projected to Release Quarterly Earnings on Tuesday

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

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. 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

Shares of OTCMKTS:DBOEY opened at $34.62 on Friday. The company has a market cap of $62.42 billion, a P/E ratio of 25.46, a P/E/G ratio of 2.13 and a beta of 0.43. The stock’s 50-day moving average is $32.59 and its 200-day moving average is $30.45. 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 reissued a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates organized markets and related services for securities, derivatives, commodities and other financial instruments. Through its trading platforms, the company supports the issuance, trading and management of financial products for institutional investors, banks, companies and other market participants.

Its businesses include cash and derivatives trading, clearing, settlement and custody, as well as collateral management, securities financing, market data, analytics and index services.