Investing.com - Allianz (DE:ALVG) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Allianz announced earnings per share of €5.22 on revenue of €34.3B. Analysts polled by Investing.com anticipated EPS of €4.8 on revenue of €12.4B.
Allianz shares are up 47% from the beginning of the year and are trading at €197.83 , down-from-52-week-high.They are outperforming the AEX which is up 23.02% from the start of the year.
Allianz shares gained 2.23% in intra-day trade the report.
Allianz follows other major Financial sector earnings this month
Allianz's report follows an earnings beat by Deutsche Boerse on Monday, July 26, 2021, who reported EPS of €1.79 on revenue of €881.7M, compared to forecasts EPS of €1.62 on revenue of €879.15M.
Hannover Rueckversicherung SE had beat expectations on Thursday with second quarter EPS of €3.02 on revenue of €6.66B, compared to forecast for EPS of €2.54 on revenue of €6.71B.
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