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The market foresees Deutsche Bank (DB) to exhibit year-over-year earnings growth due to increased revenues when reporting results for the quarter concluded in December 2023. While this widely-acknowledged consensus outlook holds significance in evaluating the company’s earnings trajectory, an influential factor shaping its short-term stock price would be the alignment of the actual results with these projections.
The stock could experience an upward trajectory if the forthcoming earnings report surpasses these crucial figures. Conversely, if there is a shortfall, the stock may witness a decline. While the management’s insights during the earnings call will predominantly influence the lasting impact on stock prices and future earnings outlook, gaining an informed perspective on the likelihood of a positive EPS surprise is valuable.
Zacks Consensus Estimate For its imminent report, this bank is projected to disclose quarterly earnings of $0.37 per share, reflecting a positive year-over-year change of +5.7%. Anticipated revenues stand at $7.46 billion, indicating a growth of 15.7% compared to the same quarter last year.
Estimate Revisions Trend Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 7.02% to its present level. This adjustment mirrors the collective reassessment made by the analysts covering the stock during this timeframe. It’s important for investors to note that the individual direction of estimate revisions by each analyst might not always be fully reflected in the overall change.
Earnings Whisper Anticipatory adjustments to estimates before a company’s earnings announcement provide indications of the prevailing business conditions during the relevant period. Our exclusive surprise prediction model, the Zacks Earnings ESP (Expected Surprise Prediction), is built on this understanding. The Zacks Earnings ESP compares the Most Accurate Estimate with the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent iteration of the Zacks Consensus EPS estimate. The underlying concept is that analysts revising their estimates just before an earnings disclosure possess the most recent information, potentially offering a more precise insight than the earlier predictions made by them and other contributors to the consensus.
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