Investing.com - Assicurazioni Generali (BIT:GASI) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Assicurazioni Generali announced earnings per share of €0.89 on revenue of €41.88B. Analysts polled by Investing.com anticipated EPS of €0.5288 on revenue of €19.15B.
Assicurazioni Generali shares are down 21% from the beginning of the year and are trading at €14.5350 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.03% from the start of the year.
Assicurazioni Generali shares lost 2.35% in intra-day trade the report.
Assicurazioni Generali follows other major Financial sector earnings this month
Assicurazioni Generali's report follows an earnings beat by Intesa Sanpaolo on Friday, who reported EPS of €0.069 on revenue of €5.35B, compared to forecasts EPS of €0.0531 on revenue of €5.06B.
UniCredit had beat expectations on Tuesday, July 26, 2022 with second quarter EPS of €0.84 on revenue of €4.8B, compared to forecast for EPS of €0.3767 on revenue of €4.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar