Deutsche Boerse (OTCMKTS:DBOEY) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Deutsche Boerse (OTCMKTS:DBOEY) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.03, Zacks reports. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%.

Deutsche Boerse Trading Up 0.8%

DBOEY stock traded up $0.27 during trading hours on Tuesday, hitting $34.55. 245,124 shares of the stock were exchanged, compared to its average volume of 342,709. Deutsche Boerse has a 12 month low of $23.25 and a 12 month high of $34.96. The company has a 50-day simple moving average of $32.64 and a two-hundred day simple moving average of $30.50. The firm has a market capitalization of $62.29 billion, a P/E ratio of 25.40, a P/E/G ratio of 2.13 and a beta of 0.43.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Three 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 stock. According to MarketBeat.com, the stock currently has an average 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.