Pedestrians Pass by a Branch of Deutsche Bank, Germany (Photographer: Krisztian Bocsi/Bloomberg)

Deutsche Bank 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

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