Investing.com - Hannover Rueckversicherung SE reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hannover Rueckversicherung SE announced earnings per share of €2.2 on revenue of €6.15B. Analysts polled by Investing.com anticipated EPS of €1.57 on revenue of €6.22B.
Hannover Rueckversicherung SE shares are down 22% from the beginning of the year and are trading at €132.70 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.63% from the start of the year.
Hannover Rueckversicherung SE follows other major Financial sector earnings this month
Hannover Rueckversicherung SE's report follows an earnings beat by Deutsche Boerse on Tuesday, October 27, 2020, who reported EPS of €1.38 on revenue of €707.5M, compared to forecasts EPS of €1.36 on revenue of €719.09M.
Deutsche Bank AG had beat expectations on Wednesday, October 28, 2020 with third quarter EPS of €0.13 on revenue of €5.94B, compared to forecast for EPS of €0.03 on revenue of €5.63B.
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