Investing.com - Hannover Rueckversicherung SE reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hannover Rueckversicherung SE announced earnings per share of €2.19 on revenue of €9.33B. Analysts polled by Investing.com anticipated EPS of €2.7 on revenue of €8.48B.
Hannover Rueckversicherung SE shares are down 7% from the beginning of the year and are trading at €148.85 , down-from-52-week-high.They are under-performing the BEL 20 which is down 5.74% from the start of the year.
Hannover Rueckversicherung SE shares gained 1.40% 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 Boerse on April 25, who reported EPS of €2.4 on revenue of €1.19B, compared to forecasts EPS of €2.14 on revenue of €1.07B.
Deutsche Bank AG had beat expectations on April 27 with first quarter EPS of €0.51 on revenue of €7.33B, compared to forecast for EPS of €0.4933 on revenue of €7.33B.
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