German stock exchange operator Deutsche Boerse AG increased net profit by 5.5 per cent to 524.9 million euros in the first quarter from 497.6 million euros in the same period last year, according to reports.
Analysts on average had forecast a 7.8 per cent rise, according to Reuters.
Revenue rose to 1.51 billion euros from 1.43 billion euros. Operating expenses reached 601 million euros from 564.5 million euros a year earlier.
Deutsche Boerse’s stock price is down more than 5 per cent during trading on Tuesday. The company’s capitalisation over the past three months rose by 10.5% (to 50.5 billion euros), while the DAX stock index added 4.5%.