Investing.com - Allianz (DE:ALVG) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Allianz announced earnings per share of €5.01 on revenue of €34.4B. Analysts polled by Investing.com anticipated EPS of €4.61 on revenue of €30.03B.
Allianz shares are up 2% from the beginning of the year and are trading at €204.75 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.07% from the start of the year.
Allianz shares gained 0.71% in intra-day trade the report.
Allianz follows other major Financial sector earnings this month
Allianz's report follows an earnings beat by Muench. Rueckvers. on Tuesday, who reported EPS of €2.61 on revenue of €15.48B, compared to forecasts EPS of €1.12 on revenue of €15.21B.
Deutsche Boerse had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of €1.74 on revenue of €837.9M, compared to forecast for EPS of €1.6 on revenue of €861.33M.
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