Deutsche Bank AG reports results for the quarter ended September 30 - Earnings Summary

• Deutsche Bank AG DBKGn.DE reported quarterly adjusted earnings of 94 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 96 cents. The mean expectation of six analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 73 cents to 87 cents per share.

• Revenue rose 3.6% to €8.34 billion from a year ago; analysts expected €8.28 billion.

• Deutsche Bank AG's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of €1.59 billion.

• Deutsche Bank AG shares had fallen by 9.4% this quarter and lost 12.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Deutsche Bank AG is €36.00, about 19.8% above its last closing price of €28.88

This summary was machine generated from LSEG data October 28 at 08:39 a.m. UTC. ​All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)