Hannover Rück (OTCMKTS:HVRRY) Announces Earnings Results, Misses Estimates By $0.04 EPS

Hannover Rück (OTCMKTS:HVRRY - Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.04), Zacks reports. Hannover Rück had a net margin of 8.78% and a return on equity of 19.44%. The company had revenue of $6.83 billion for the quarter, compared to the consensus estimate of $6.40 billion.

Hannover Rück Trading Down 0.7 %

Shares of Hannover Rück stock traded down $0.35 on Monday, hitting $49.27. 3,532 shares of the company traded hands, compared to its average volume of 4,963. The company has a market cap of $35.65 billion, a PE ratio of 14.58 and a beta of 0.72. Hannover Rück has a 52 week low of $38.40 and a 52 week high of $50.36. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.39. The stock's 50 day moving average price is $44.84 and its 200-day moving average price is $44.80.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Hannover Rück to a "strong sell" rating in a research note on Tuesday, January 28th.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.