Investing.com - Hannover Rueckversicherung SE reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hannover Rueckversicherung SE announced earnings per share of €1.78 on revenue of €5.64B. Analysts polled by Investing.com anticipated EPS of €1.59 on revenue of €5.52B.
Hannover Rueckversicherung SE shares are up 1% from the beginning of the year, still down 9.29% from its 52 week high of €166.80 set on June 8, 2020. They are under-performing the STOXX 600 which is up 6.3% 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 missed by Allianz on February 19, who reported EPS of €4.39 on revenue of €35.6B, compared to forecasts EPS of €4.51 on revenue of €33.45B.
Muench. Rueckvers. had beat expectations on February 26 with fourth quarter EPS of €1.48 on revenue of €13.63B, compared to forecast for EPS of €1.43 on revenue of €12.98B.
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