DBS Group (DBSDY) Expected to Release Quarterly Earnings on Thursday

DBS Group (OTCMKTS:DBSDY) will likely be issuing its results before the market opens on Thursday, August 6th. Analysts expect DBS Group to announce earnings of $3.07 per share and revenue of $4.6294 billion for the quarter.

DBS Group Stock Up 0.9%

Shares of DBSDY stock opened at $231.49 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15. The business’s 50 day moving average is $207.92 and its two-hundred day moving average is $190.63. DBS Group has a twelve month low of $142.00 and a twelve month high of $234.30.

Analyst Upgrades and Downgrades

Separately, Macquarie Infrastructure upgraded shares of DBS Group to a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

DBS Group Company Profile

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.