- Deutsche Boerse forecasts full-year net revenue at €5.8 billion, aligning with market estimates of €5.81 billion.
- The expected EBITDA range for the full year is between €3.3 billion and €3.4 billion, close to the estimated €3.33 billion.
- Third-quarter EBITDA reached €801.8 million, a 17% increase year-over-year, though slightly below the forecast of €807 million.
- Investment Management Solutions EBITDA beat estimates with €96.9 million compared to the expected €90.6 million.
- Trading & Clearing EBITDA increased by 11% year-over-year to €342.4 million, but missed the estimate of €349.2 million.
- Fund Services EBITDA saw a 14% rise on a yearly basis, reporting €66.9 million, yet it came in under the two estimates of €69.5 million.
- Securities Services EBITDA rose by 5.3% to €295.6 million, falling short of the €303 million estimate.
- Net income increased to €444.9 million, up 11% year-over-year, slightly below the forecast of €451.1 million.
- Basic EPS improved from €2.16 last year to €2.42, nearing the estimate of €2.44.
- Cash EPS was at €2.61, outperforming the estimated €2.54.
- Earnings before interest and taxes (EBIT) rose by 19% to €680.3 million, slightly under the estimate of €683.8 million.
- Pretax profit climbed 14% to €636.9 million, below the expected €653.5 million.
- Net revenue for the third quarter was reported at €1.40 billion, an 18% increase, yet marginally below the expected €1.41 billion.
- Investment Management Solutions net revenue reached €294.9 million, under the expected €306.7 million.
- Trading & Clearing net revenue advanced by 10% year-over-year to €581.4 million, just under the estimate of €582.1 million.
- Financial Derivatives net revenue was €316.5 million, with an 11% rise, narrowly missing the €319 million estimate.
- Commodities net revenue was €151.9 million, beating the €149.3 million estimate with a 14% increase.
- Cash Equities net revenue was slightly below the forecast at €70.7 million compared to €71.9 million.
- Fund Services net revenue rose 15% to €123.4 million, surpassing the estimate of €121.8 million.
- Securities Services net revenue increased by 6.6% to €404.2 million, exceeding the estimate of €402.1 million.
- Deutsche Boerse raised its full-year guidance once again due to strong organic growth in net revenue.
- The company is on track with its Horizon 2026 strategy implementation and remains confident in meeting its 2026 financial targets.
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A look at Deutsche Boerse Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Deutsche Boerse, a company that provides stock exchange services and trading platforms, has been given a mixed outlook based on Smartkarma Smart Scores. With a Value score of 2, the company may have some room for improvement in terms of its valuation. However, it received higher scores in other areas: Dividend at 3, Growth at 4, Resilience at 5, and Momentum at 5. This indicates that the company is viewed positively in terms of its potential for growth, stability, and market momentum.
Deutsche Boerse AG, known for offering stock exchange services and trading platforms in Europe, has received varying scores across different factors according to Smartkarma Smart Scores. Despite a Value score of 2, the company seems to excel in Dividend, Growth, Resilience, and Momentum, with scores of 3, 4, 5, and 5 respectively. This suggests that while there may be some room for improvement in terms of valuation, the company is displaying strong performance in other key areas, signaling a positive long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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