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

Deutsche Boerse (OTCMKTS:DBOEY) issued 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 return on equity of 20.33% and a net margin of 33.04%.

Deutsche Boerse Stock Up 0.8%

OTCMKTS DBOEY traded up $0.27 during trading hours on Tuesday, hitting $34.55. 245,124 shares of the stock were exchanged, compared to its average volume of 342,709. Deutsche Boerse has a 12-month low of $23.25 and a 12-month high of $34.96. The company has a market cap of $62.29 billion, a price-to-earnings ratio of 25.40, a price-to-earnings-growth ratio of 2.13 and a beta of 0.43. The stock has a 50-day moving average of $32.64 and a 200 day moving average of $30.50.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Deutsche Boerse presently has an average rating of “Hold”.

Deutsche Boerse Company Profile

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.