Assicurazioni Generali earnings miss, Revenue beats in Q1

  • Investing.com
Assicurazioni Generali earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Assicurazioni Generali (BIT: GASI ) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Assicurazioni Generali announced earnings per share of €0.46 on revenue of €22.32B. Analysts polled by Investing.com anticipated EPS of €0.5407 on revenue of €19.78B.

Assicurazioni Generali shares are down 8.25% from the beginning of the year and are trading at €18.2100 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.05% year to date.

Assicurazioni Generali shares gained 1.17% in intra-day trade the report.

Assicurazioni Generali follows other major Financial sector earnings this month

Assicurazioni Generali's report follows an earnings beat by Intesa Sanpaolo on Friday, May 6, 2022, who reported EPS of €0.05 on revenue of €5.41B, compared to forecasts EPS of €0.0401 on revenue of €4.92B.

UniCredit had beat expectations on Thursday, May 5, 2022 with first quarter EPS of €0.19 on revenue of €5.02B, compared to forecast for EPS of €0.1649 on revenue of €5.02B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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