Deutsche Bank Q2 EPS $0.21 Down From $0.35 YoY, Sales $8.08B Up From $7.09B YoY
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank (NYSE:DB) reported Q2 earnings of $0.21 per share, a decrease of 40.86% YoY. However, the company's sales increased by 13.96% YoY to $8.08 billion.
July 26, 2023 | 8:04 am
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Deutsche Bank's Q2 earnings per share decreased by 40.86% YoY, while sales increased by 13.96% YoY.
The decrease in earnings per share indicates a decrease in profitability, which could negatively impact the stock price. However, the increase in sales suggests that the company's revenue is growing, which could have a positive impact on the stock price. Therefore, the overall impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100