Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Expected to Announce Earnings on Wednesday

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) is expected to be announcing its earnings results on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $18.71 billion for the quarter.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The company had revenue of $16.34 billion for the quarter, compared to analyst estimates of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. On average, analysts expect Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 0.2 %

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $12.25 on Tuesday. The company has a 50-day simple moving average of $10.86 and a 200-day simple moving average of $10.64. The firm has a market capitalization of $81.93 billion, a P/E ratio of 7.96, a P/E/G ratio of 1.72 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $8.44 and a one year high of $12.36.

Analyst Upgrades and Downgrades

A number of research firms have commented on MURGY. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research note on Tuesday, January 28th. UBS Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.