Investing.com - Hannover Rueckversicherung SE reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hannover Rueckversicherung SE announced earnings per share of €3.02 on revenue of €6.66B. Analysts polled by Investing.com anticipated EPS of €2.54 on revenue of €6.71B.
Hannover Rueckversicherung SE shares are down 5% from the beginning of the year, still down 8.09% from its 52 week high of €158.25 set on April 6. They are under-performing the DAX which is up 14.77% 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 July 26, who reported EPS of €1.79 on revenue of €881.7M, compared to forecasts EPS of €1.62 on revenue of €879.15M.
DWS Group had beat expectations on July 28 with second quarter EPS of €0.87 on revenue of €625M, compared to forecast for EPS of €0.8114 on revenue of €617.48M.
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