Investing.com - Hannover Rueckversicherung SE reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hannover Rueckversicherung SE announced earnings per share of €2.49 on revenue of €5.18B. Analysts polled by Investing.com anticipated EPS of €2.41 on revenue of €6.84B. That with comparison to EPS of €2.43 on revenue of €6.37B in the same period a year before.Hannover Rueckversicherung SE had reported EPS of €2.33 on revenue of €5.2B in the previous quarter.Analysts are expecting EPS of €2.78 and revenue of €5,581M in the upcoming quarter.
Hannover Rueckversicherung SE shares are down 15% from the beginning of the year and are trading at €146.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 19.73% year to date.
Hannover Rueckversicherung SE follows other major Financial sector earnings this month
Hannover Rueckversicherung SE's report follows an earnings matched by Muench. Rueckvers. on Monday, April 20, 2020, who reported EPS of €1.52 on revenue of €12.54B, compared to forecasts EPS of €1.52 on revenue of €12.54B.
Deutsche Boerse had beat expectations on Thursday, April 30, 2020 with first quarter EPS of €2.11 on revenue of €914.8M, compared to forecast for EPS of €2.09 on revenue of €887.69M.
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