Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) to Release Quarterly Earnings on Wednesday

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) is expected to announce 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 the consensus estimate of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. The company had revenue of $16.34 billion during the quarter, compared to analysts’ expectations of $19.10 billion. 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 Price Performance

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $12.25 on Tuesday. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 52 week low of $8.44 and a 52 week high of $12.36. The business has a 50-day simple moving average of $10.86 and a 200 day simple moving average of $10.64. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. The stock has a market cap of $81.93 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 1.72 and a beta of 0.98.

Wall Street Analyst Weigh In

MURGY has been the subject of several research analyst reports. Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research note on Tuesday, January 28th. UBS Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research 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.