Investing.com - Muench. Rueckvers. (DE:MUVGn) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Muench. Rueckvers. announced earnings per share of €1.57 on revenue of €27.15B. Analysts polled by Investing.com anticipated EPS of €3.6 on revenue of €12.32B.
Muench. Rueckvers. shares are down 7% from the beginning of the year and are trading at €229.20 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 12.83% from the start of the year.
Muench. Rueckvers. follows other major Financial sector earnings this month
Muench. Rueckvers.'s report follows an earnings missed by Allianz on Wednesday, who reported EPS of €3.68 on revenue of €30.9B, compared to forecasts EPS of €3.96 on revenue of €32.77B.
Deutsche Boerse had missed expectations on July 28 with second quarter EPS of €1.57 on revenue of €777.5M, compared to forecast for EPS of €1.59 on revenue of €770.69M.
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