Hannover Rueckversicherung SE earnings miss, Revenue beats in Q3

  • Investing.com
Hannover Rueckversicherung SE earnings miss, Revenue beats in Q3

Investing.com - Hannover Rueckversicherung SE reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Hannover Rueckversicherung SE announced earnings per share of €1.54 on revenue of €7.16B. Analysts polled by Investing.com anticipated EPS of €2.67 on revenue of €6.67B.

Hannover Rueckversicherung SE shares are up 42% from the beginning of the year and are trading at €164.40 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 21.88% year to date.

Hannover Rueckversicherung SE shares gained 1.42% in intra-day trade the report.

Hannover Rueckversicherung SE follows other major Financial sector earnings this month

Hannover Rueckversicherung SE's report follows an earnings beat by Deutsche Bank AG on Wednesday, October 27, 2021, who reported EPS of €0.3041 on revenue of €6.04B, compared to forecasts EPS of €0.0445 on revenue of €5.86B.

DWS Group had missed expectations on Wednesday, October 27, 2021 with third quarter EPS of €0.95 on revenue of €653.5M, compared to forecast for EPS of €0.9533 on revenue of €653.5M.

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