Investing.com - Assicurazioni Generali (MI:GASI) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Assicurazioni Generali announced earnings per share of €0.4566 on revenue of €17.57B. Analysts polled by Investing.com anticipated EPS of €0.4484 on revenue of €16.42B.
Assicurazioni Generali shares are up 18% from the beginning of the year and are trading at €16.8450 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 6% year to date.
Assicurazioni Generali shares gained 1.35% in intra-day trade the report.
Assicurazioni Generali follows other major Financial sector earnings this month
Assicurazioni Generali's report follows an earnings missed by Poste Italiane on Tuesday, February 16, 2021, who reported EPS of €0.2383 on revenue of €2.96B, compared to forecasts EPS of €0.24 on revenue of €2.91B.
Banca Mediolanum had beat expectations on Friday, February 12, 2021 with fourth quarter EPS of €0.2501 on revenue of €413.43M, compared to forecast for EPS of €0.2345 on revenue of €484.95M.
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