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

Deutsche Boerse (OTCMKTS:DBOEY) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.38 EPS for the quarter, beating 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%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.79 billion.

Deutsche Boerse Trading Up 0.7%

Shares of Deutsche Boerse stock opened at $34.53 on Wednesday. The firm’s 50 day moving average is $32.70 and its 200 day moving average is $30.54. The firm has a market capitalization of $62.25 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 2.11 and a beta of 0.43. Deutsche Boerse has a 1 year low of $23.25 and a 1 year high of $34.96.

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 equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Deutsche Boerse currently 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.