Yahoo Finance Deutsche Börse First Quarter 2023 Earnings: EPS Beats Expectations
Deutsche Börse (ETR:DB1) First Quarter 2023 Results
Key Financial Results
Revenue: €1.48b (up 19% from 1Q 2022).
Net income: €473.3m (up 13% from 1Q 2022).
Profit margin: 32% (down from 34% in 1Q 2022). The decrease in margin was driven by higher expenses.
EPS: €2.58 (up from €2.29 in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche Börse EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%.
Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Capital Markets industry in Germany.
Performance of the German Capital Markets industry.
The company's shares are down 6.4% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Deutsche Börse's balance sheet.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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