Deutsche Boerse (OTCMKTS:DBOEY) Posts Earnings Results, Beats Expectations By $0.03 EPS

Deutsche Boerse (OTCMKTS:DBOEY) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.

Deutsche Boerse Stock Performance

Shares of DBOEY stock traded up $0.39 during trading on Tuesday, hitting $34.67. The company had a trading volume of 252,669 shares, compared to its average volume of 342,865. The firm has a market capitalization of $62.51 billion, a P/E ratio of 25.49, a price-to-earnings-growth ratio of 2.13 and a beta of 0.43. The stock’s 50-day moving average price is $32.64 and its 200 day moving average price is $30.50. Deutsche Boerse has a one year low of $23.25 and a one year high of $34.96.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research note on Monday, August 17th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Deutsche Boerse

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.