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

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) is scheduled to release its earnings data 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.Persons interested in participating in the company's earnings conference call can do so using this link.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced 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 business had revenue of $7.87 billion during the quarter, compared to analyst estimates 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 Trading Up 1.7 %

Shares of NYSE:DB traded up $0.29 during midday trading on Wednesday, reaching $17.53. The company's stock had a trading volume of 896,185 shares, compared to its average volume of 2,432,879. The firm has a 50 day moving average price of $16.41 and a two-hundred day moving average price of $16.32. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $10.00 and a fifty-two week high of $17.95. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $36.22 billion, a price-to-earnings ratio of 7.65 and a beta of 1.21.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Barclays raised Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, September 3rd. StockNews.com raised 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 given a buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

About Deutsche Bank Aktiengesellschaft

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.