Deutsche Bank Q3 2024 GAAP EPS €0.81 Beats €0.40 Estimate, Sales €7.501B Beat €7.049B Estimate
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank reported Q3 2024 earnings of €0.81 per share, significantly beating the €0.40 estimate, and sales of €7.501 billion, surpassing the €7.049 billion estimate. Despite the earnings beat, sales decreased by 5.53% compared to the same period last year.
October 23, 2024 | 9:01 am
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Deutsche Bank's Q3 2024 earnings per share of €0.81 beat expectations by 102.5%, and sales of €7.501 billion exceeded estimates. However, sales decreased by 5.53% year-over-year.
The significant earnings beat and sales exceeding expectations are positive indicators for Deutsche Bank's stock price in the short term. However, the year-over-year sales decline may temper some investor enthusiasm.
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IMPORTANCE 90
RELEVANCE 100