financetom
Business
financetom
/
Business
/
Deutsche Bank Expects Slightly Lower Q2 Fixed-Income Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deutsche Bank Expects Slightly Lower Q2 Fixed-Income Revenue
May 31, 2024 7:36 AM

10:02 AM EDT, 05/31/2024 (MT Newswires) -- Deutsche Bank ( DB ) sees "slightly lower" revenue in its fixed-income business in Q2, the bank's chief financial officer, James von Moltke, said late Thursday, according to a Capital IQ transcript.

"Looking at fixed income and currencies, we would expect that to come in slightly lower in the second quarter versus the prior year's quarter," von Moltke said at a conference in New York.

The executive said the bank reconfirmed its overall revenue outlook of 30 billion euros ($32.62 billion) this year and 32 billion euros next year.

Price: 16.45, Change: -0.29, Percent Change: -1.73

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Obesity drugmaker Novo Nordisk picks Maziar Mike Doustdar as new CEO
Obesity drugmaker Novo Nordisk picks Maziar Mike Doustdar as new CEO
Jul 29, 2025
COPENHAGEN, July 29 (Reuters) - Novo Nordisk named Maziar Mike Doustdar as CEO on Tuesday as the Wegovy maker seeks to revive sales and its share price, hit by worries it is losing the obesity drug race it started to U.S. rival Eli Lilly ( LLY ). The appointment comes after the abrupt removal in May of CEO Lars Fruergaard...
CECO Environmental's Q2 Non-GAAP Earnings, Net Sales Increase; 2025 Revenue Outlook Raised
CECO Environmental's Q2 Non-GAAP Earnings, Net Sales Increase; 2025 Revenue Outlook Raised
Jul 29, 2025
07:41 AM EDT, 07/29/2025 (MT Newswires) -- CECO Environmental ( CECO ) reported Q2 non-GAAP earnings Tuesday of $0.24 per diluted share, up from $0.20 a year earlier. Analysts polled by FactSet expected $0.18. Net sales for the quarter ended June 30 were $185.4 million, compared with $137.5 million a year earlier. Analysts polled by FactSet expected $178.7 million. The...
Power systems firm Hubbell's Q2 adjusted EPS beats estimates
Power systems firm Hubbell's Q2 adjusted EPS beats estimates
Jul 29, 2025
Overview * Hubbell Q2 net sales rise 2% but miss analyst expectations * Adjusted EPS of $4.93 beats estimates, reflecting strong operational performance * Co raises 2025 adjusted EPS outlook, reflecting confidence in growth Outlook * Hubbell expects 2025 adjusted EPS outlook of $17.65-$18.15 * Company expects 2025 organic net sales growth of 4-6% * Hubbell anticipates 90% free cash...
Copyright 2023-2026 - www.financetom.com All Rights Reserved