XTRA:DEQReal Estate
Deutsche EuroShop (XTRA:DEQ) Stock Looks Cheap Despite FFO Pressure
Deutsche EuroShop shares closed at €18.62 on Friday, leaving the stock modestly ahead over the past month but still in the red over three months. The short term picture looks mixed. The headline from this quarter is different. Net income excluding one off items in Q2 landed at €42.742 million with basic earnings per share at €0.56, while trailing twelve month earnings now stand at €2.858926 per share.
The market is still grappling with weak earnings forecasts and concerns around debt...