Allianz (AZSEY) Issues Quarterly Earnings Results

Allianz (OTCMKTS:AZSEY) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.03, Morningstar.com reports. Allianz had a return on equity of 11.78% and a net margin of 5.71%. The firm had revenue of $31.59 billion during the quarter.

OTCMKTS AZSEY opened at $22.55 on Thursday. Allianz has a 1-year low of $19.21 and a 1-year high of $24.40. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.05 and a quick ratio of 0.05. The stock has a market capitalization of $97.88 billion, a PE ratio of 11.05 and a beta of 0.90.

Separately, Zacks Investment Research lowered Allianz from a “buy” rating to a “hold” rating in a research note on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $26.00.

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About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products to private and corporate customers.

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Earnings History for Allianz (OTCMKTS:AZSEY)

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