Danske Bank AS (OCSE:DANSKE) Q3 2024: Everything You Need to Know Ahead of Earnings

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Oct 30, 2024
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Danske Bank AS (OCSE:DANSKE, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is 14.02 billion, and the earnings are expected to come in at 6.53 per share. The full year 2024's revenue is expected to be 56.22 billion and the earnings are expected to be 26.23 per share. More detailed estimate data can be found on the Forecast page.

Danske Bank AS (OCSE:DANSKE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Danske Bank AS (OCSE:DANSKE) for the full year 2024 have increased from 56.21 billion to 56.22 billion. Meanwhile, the revenue forecast for 2025 has declined from 55.97 billion to 55.63 billion. Earnings estimates for the full year 2024 have risen from 26.13 per share to 26.23 per share, while earnings forecasts for 2025 have decreased from 26.08 per share to 25.80 per share.

Danske Bank AS (OCSE:DANSKE, Financial) Reported History

In the previous quarter of 2024-06-30, Danske Bank AS's (OCSE:DANSKE) actual revenue was 14.06 billion, which beat analysts' revenue expectations of 13.89 billion by 1.22%. Danske Bank AS's (OCSE:DANSKE) actual earnings were 6.80 per share, which beat analysts' earnings expectations of 6.505 per share by 4.53%. After releasing the results, Danske Bank AS (OCSE:DANSKE) was up by 7.69% in one day.

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Danske Bank AS (OCSE:DANSKE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 18 analysts, the average target price for Danske Bank AS (OCSE:DANSKE) is 245.73 with a high estimate of 302 and a low estimate of 174. The average target implies an upside of 24.33% from the current price of 197.65.

Based on GuruFocus estimates, the estimated GF Value for Danske Bank AS (OCSE:DANSKE, Financial) in one year is 173.97, suggesting a downside of -11.98% from the current price of 197.65.

Based on the consensus recommendation from 19 brokerage firms, Danske Bank AS's (OCSE:DANSKE, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.