Investing.com - Assicurazioni Generali (MI:GASI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assicurazioni Generali announced earnings per share of €0.4853 on revenue of €15.95B. Analysts polled by Investing.com anticipated EPS of €0.3282 on revenue of €18,378M.
Assicurazioni Generali shares are up 33% from the beginning of the year and are trading at €19.0800 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 21.48% from the start of the year.
Assicurazioni Generali shares gained 0.32% 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 November 4, who reported EPS of €0.05 on revenue of €5.09B, compared to forecasts EPS of €0.045 on revenue of €4.96B.
UniCredit had beat expectations on October 28 with third quarter EPS of €0.49 on revenue of €4.44B, compared to forecast for EPS of €0.365 on revenue of €4.26B.
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