Deutsche Boerse second quarter EBIT seen up on lower costs

01 Aug, 2011

Exchange operator Deutsche Boerse is expected to post a 18 percent rise in second-quarter earnings before interest and tax (EBIT) of 304 million euros, as revenue is seen dropping 2 percent, a Reuters poll of 11 banks and brokerages showed on Tuesday.
The operator of the Frankfurt Stock Exchange and the Eurex derivatives platform is set to report earnings on July 28, after closing of the market. Estimates for the poll were collected between July 15-25.
Earlier this month it secured the support of some 82.4 percent of its shareholders for its $9 billion merger with NYSE Euronext.

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