Generali earnings, Revenue miss in Q3

  • Investing.com
Generali earnings, Revenue miss in Q3
Credit: © Reuters.

Investing.com - Generali (MI: GASI ) reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Generali announced earnings per share of €0.33 on revenue of €15.1B. Analysts polled by Investing.com anticipated EPS of €0.45 on revenue of €15.6B.

Generali shares are down 25% from the beginning of the year and are trading at €13.6350 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.37% year to date.

Generali follows other major Financial sector earnings this month

Generali's report follows an earnings matched by Intesa Sanpaolo on Tuesday, November 3, 2020, who reported EPS of €0.03 on revenue of €4.66B, compared to forecasts EPS of €0.03 on revenue of €4.35B.

UniCredit had beat expectations on Saturday, November 7, 2020 with third quarter EPS of €0.48 on revenue of €4.71B, compared to forecast for EPS of €0.46 on revenue of €4.7B.

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

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