Deutsche Bank Aktiengesellschaft (DB) Scheduled to Post Quarterly Earnings on Wednesday

Deutsche Bank Aktiengesellschaft (NYSE:DB) is set to issue its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Deutsche Bank Aktiengesellschaft has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%. The business had revenue of $7.87 billion for the quarter, compared to analyst estimates of $8.18 billion.

Deutsche Bank Aktiengesellschaft Stock Down 1.0 %

Shares of DB stock opened at $17.47 on Tuesday. Deutsche Bank Aktiengesellschaft has a 12 month low of $10.00 and a 12 month high of $17.95. The firm has a market cap of $36.11 billion, a PE ratio of 7.63 and a beta of 1.21. The stock has a 50 day moving average of $16.53 and a 200-day moving average of $16.34. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.43.

Analyst Ratings Changes

A number of analysts have weighed in on DB shares. Barclays upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, October 7th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.