Deutsche Bank Aktiengesellschaft (DB) Set to Announce Earnings on Wednesday

Deutsche Bank Aktiengesellschaft (NYSE:DB) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 23rd. Analysts expect Deutsche Bank Aktiengesellschaft to post earnings of $0.50 per share for the quarter. Deutsche Bank Aktiengesellschaft has set its FY 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

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

Deutsche Bank Aktiengesellschaft Stock Up 0.8 %

Shares of DB opened at $17.64 on Monday. Deutsche Bank Aktiengesellschaft has a one year low of $10.00 and a one year high of $17.95. The company has a market capitalization of $36.46 billion, a P/E ratio of 7.70 and a beta of 1.21. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.78 and a quick ratio of 0.78. The business’s 50 day simple moving average is $16.53 and its 200-day simple moving average is $16.34.

Analyst Ratings Changes

DB has been the topic of several recent analyst reports. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, October 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average 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.