XTB's stock price drops sharply in reaction to the company's earnings estimates!
After Wednesday's session, the company reported fourth-quarter results. Net profit amounted to PLN 50 million, compared to analysts' expectations of PLN 136 million.
The company has been devoting huge resources to worldwide marketing campaigns. Sports stars such as Conor Mcgregor, Joanna Jedrzejczyk and Iker Casillas have taken part in the campaign. Since this year, XTB has partnered with the sports-information service Kanał Sportowy.
Today we present the valuation of XTB, prepared by companyvalueradar.com
XTB Group is a European brokerage house specializing in financial instruments traded on the OTC market and the stock exchange. Since 2002, it has been active in foreign markets, where it offers clients technologically advanced trading applications.
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