Deutsche Boerse (OTCMKTS:DBOEY) Announces Earnings Results

Deutsche Boerse (OTCMKTS:DBOEY) released its earnings results on Tuesday. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03, Zacks reports. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.79 billion. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%.

Deutsche Boerse Stock Down 0.0%

OTCMKTS DBOEY opened at $34.52 on Thursday. The business’s fifty day simple moving average is $32.77 and its 200-day simple moving average is $30.57. The firm has a market cap of $62.24 billion, a PE ratio of 23.02, a P/E/G ratio of 2.12 and a beta of 0.43. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $34.96.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada restated 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 assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company 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.