Deutsche Bank Sees Results Considerably Above Analyst Estimates

Shares of the bank rise 5.5% after the bank said that it sees results considerably above analyst estimates.

(Bloomberg) -- Deutsche Bank says it expects to report pretax income of about 700 million euros and net income of about 400 million euros for the second quarter of 2018; Shares rise 5.5%.

  • Co. says published average of analysts’ estimates is IBIT of 321 million euros and net income of 159 million euros
  • Sees second quarter group revenues about 6.6 billion euros, compared to an average consensus estimate of 6.4 billion euros

©2018 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES