Danske Bank (DNKEY) to Release Earnings on Friday

Danske Bank (OTCMKTS:DNKEY) is expected to be posting its quarterly earnings results on Friday, July 18th. Analysts expect Danske Bank to post earnings of $0.48 per share and revenue of $14.01 billion for the quarter.

Danske Bank (OTCMKTS:DNKEY) last released its quarterly earnings data on Friday, May 2nd. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). Danske Bank had a return on equity of 13.52% and a net margin of 42.15%. The business had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $13.86 billion. On average, analysts expect Danske Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Danske Bank Stock Down 2.5%

OTCMKTS:DNKEY opened at $19.96 on Wednesday. Danske Bank has a 1-year low of $13.50 and a 1-year high of $21.04. The company has a 50-day moving average of $19.76 and a 200 day moving average of $17.40. The firm has a market cap of $33.33 billion, a PE ratio of 9.88 and a beta of 0.77. The company has a debt-to-equity ratio of 8.08, a current ratio of 1.79 and a quick ratio of 1.79.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on DNKEY shares. Barclays raised shares of Danske Bank from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Danske Bank in a report on Tuesday, May 13th. Finally, Citigroup restated a “buy” rating on shares of Danske Bank in a report on Wednesday, May 21st. One analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Danske Bank currently has an average rating of “Buy”.

Danske Bank Company Profile

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.