Deutsche Bank Second Quarter 2024 Earnings: EPS Misses Expectations

Deutsche Bank (ETR:DBK) Second Quarter 2024 Results

Key Financial Results

• Revenue: €7.11b (up 1.5% from 2Q 2023).
• Net loss: €566.0m (down by 241% from €402.0m profit in 2Q 2023).
• €0.28 loss per share (down from €0.19 profit in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Deutsche Bank EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 66%.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Capital Markets industry in Germany.

Performance of the German Capital Markets industry.

The company's shares are down 6.0% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Deutsche Bank that you should be aware of before investing here.

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