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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.
16 Jul 2018, 04:03 PM IST 
Pedestrians Pass by a Branch of Deutsche Bank, Germany (Photographer: Krisztian Bocsi/Bloomberg)
(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
To contact the reporter on this story: Adveith Nair in London at anair29@bloomberg.net
To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net
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