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This Article is From Jul 16, 2018

Deutsche Bank Sees Results Considerably Above Analyst Estimates

(Bloomberg) -- Deutsche Bank says it expects to report pretax income of about 700 million euros and net income of about 400 million euros for the second quarter of 2018; Shares rise 5.5%.

  • Co. says published average of analysts' estimates is IBIT of 321 million euros and net income of 159 million euros
  • Sees second quarter group revenues about 6.6 billion euros, compared to an average consensus estimate of 6.4 billion euros

To contact the reporter on this story: Adveith Nair in London at anair29@bloomberg.net

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

©2018 Bloomberg L.P.

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