Deutsche Bank AG (NYSE:DB) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deutsche Bank (DE:DBKGn) AG announced earnings per share of €0.10 on revenue of €8.57B. Analysts polled by anticipated EPS of €-0.1 on revenue of €5.67B. That with comparison to EPS of €0.07 on revenue of €6.35B in the same period a year before. Deutsche Bank AG had reported EPS of €-0.07 on revenue of €5.35B in the previous quarter. Analysts are expecting EPS of €-0.06 and revenue of €5.25B in the upcoming quarter.
Deutsche Bank AG shares are up 3% from the beginning of the year , still down 31.20% from its 52 week high of €10.37 set on February 14. They are outperforming the S&P Global (NYSE:SPGI) 100 which is down 8.31% year to date.
Deutsche Bank AG follows other major Financial sector earnings this month
Deutsche Bank AG's report follows an earnings matched by Muench. Rueckvers. on April 20, who reported EPS of €1.52 on revenue of €12.54B, compared to forecasts EPS of €1.52 on revenue of €12.54B.
Deutsche Boerse had beat expectations on Wednesday with first quarter EPS of €2.11 on revenue of €1.03B, compared to forecast for EPS of €2.09 on revenue of €887.53M.
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