M�nchener R�ckversicherungs-Gesellschaft (MURGY) Expected to Post Earnings on Friday

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) will likely be posting its results before the market opens on Friday, August 7th. Analysts expect M�nchener R�ckversicherungs-Gesellschaft to post earnings of $0.30 per share and revenue of $18.7460 billion for the quarter.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $1.25. The company had revenue of $22.07 billion during the quarter, compared to analysts’ expectations of $19.86 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. On average, analysts expect M�nchener R�ckversicherungs-Gesellschaft to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Trading Down 0.9%

M�nchener R�ckversicherungs-Gesellschaft stock opened at $11.88 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.14 and a current ratio of 1.14. The business’s 50-day simple moving average is $11.14 and its 200-day simple moving average is $11.91. The firm has a market capitalization of $73.83 billion, a PE ratio of 4.83, a PEG ratio of 1.84 and a beta of 0.39. M�nchener R�ckversicherungs-Gesellschaft has a 52 week low of $10.09 and a 52 week high of $14.41.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Erste Group Bank lowered M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Zacks Research cut M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.