Deutsche Boerse (OTCMKTS:DBOEY) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Deutsche Boerse (OTCMKTS:DBOEY) announced its earnings results on Wednesday. The financial services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01, Zacks reports. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.58 billion. Deutsche Boerse had a return on equity of 19.23% and a net margin of 32.32%.

Deutsche Boerse Stock Up 2.6%

DBOEY stock opened at $24.75 on Friday. Deutsche Boerse has a 12-month low of $23.25 and a 12-month high of $33.52. The business has a 50 day moving average of $25.33 and a 200-day moving average of $26.50. The firm has a market cap of $45.49 billion, a PE ratio of 20.29, a P/E/G ratio of 3.26 and a beta of 0.52.

Wall Street Analyst Weigh In

A number of analysts have weighed in on DBOEY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Boerse in a research report on Wednesday, January 21st. Kepler Capital Markets cut shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Cfra Research raised shares of Deutsche Boerse to a “hold” rating in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. raised shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research report on Friday, November 28th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Deutsche Boerse presently has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.