Danske Bank (DNKEY) Projected to Post Earnings on Friday

Danske Bank (OTCMKTS:DNKEY - Get Free Report) 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 - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.01). The firm had revenue of $2.12 billion during the quarter, compared to analyst estimates of $13.86 billion. Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. 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 Performance

DNKEY remained flat at $20.47 during trading on Monday. 33,329 shares of the company's stock traded hands, compared to its average volume of 39,536. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 8.08. The company has a market capitalization of $34.18 billion, a price-to-earnings ratio of 10.13 and a beta of 0.77. The business has a fifty day moving average of $19.73 and a 200-day moving average of $17.38. Danske Bank has a 12 month low of $13.50 and a 12 month high of $21.04.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Citigroup reissued a "buy" rating on shares of Danske Bank in a research note on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Danske Bank in a research note on Tuesday, May 13th. Finally, Barclays raised shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy".

About Danske Bank

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.