Investing.com - Assicurazioni Generali (MI:GASI) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Assicurazioni Generali announced earnings per share of €0.4169 on revenue of €16.82B. Analysts polled by Investing.com anticipated EPS of €0.4341 on revenue of €15.29B.
Assicurazioni Generali shares are down 3% from the beginning of the year, still down 7.44% from its 52 week high of €19.34 set on November 11, 2021. They are outperforming the STOXX 600 which is down 11.28% from the start of the year.
Assicurazioni Generali shares gained 1.47% in intra-day trade following the report.
Assicurazioni Generali follows other major Financial sector earnings this month
Assicurazioni Generali's report follows an earnings matched by Azimut Holding on Thursday, who reported EPS of €1.79 on revenue of €583.1M, compared to forecasts EPS of €1.79 on revenue of €549.73M.
Anima Holding SpA had matched expectations on March 1 with first quarter EPS of €0.1725 on revenue of €136.5M, compared to forecast for EPS of €0.1725 on revenue of €133.07M.
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