Deutsche B?rse (ETR:DB1) First Quarter 2024 Results

Key Financial Results

• Revenue: €1.73b (up 17% from 1Q 2023).

• Net income: €497.6m (up 5.1% from 1Q 2023).

• Profit margin: 29% (down from 32% in 1Q 2023). The decrease in margin was driven by higher expenses.

• EPS: €2.70 (up from €2.58 in 1Q 2023).

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

Deutsche B?rse EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Capital Markets industry in Germany.

Performance of the German Capital Markets industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Deutsche B?rse's balance sheet.

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