DBS Group (DBSDY) Projected to Announce Earnings on Thursday

DBS Group (OTCMKTS:DBSDY) is expected to be releasing its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $3.07 per share and revenue of $4.6294 billion for the quarter.

DBS Group Stock Up 0.9%

Shares of OTCMKTS DBSDY opened at $231.49 on Thursday. DBS Group has a one year low of $142.00 and a one year high of $234.30. The company’s fifty day moving average is $207.92 and its two-hundred day moving average is $190.63. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.83 and a current ratio of 0.83.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure upgraded shares of DBS Group to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, DBS Group currently has a consensus rating of “Buy”.

DBS Group Company Profile

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.