Investing.com - Gjensidige Forsikring reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Gjensidige Forsikring announced earnings per share of kr2.21 on revenue of kr8.59. Analysts polled by Investing.com anticipated EPS of kr2.64 on revenue of kr8.04B.
Gjensidige Forsikring shares are down 10% from the beginning of the year, still down 17.24% from its 52 week high of kr230.80 set on March 23.
Gjensidige Forsikring follows other major Financial sector earnings this month
Gjensidige Forsikring's report follows an earnings beat by DnB on Thursday, who reported EPS of kr4.75 on revenue of kr26.32B, compared to forecasts EPS of kr4.71 on revenue of kr16.52B.
ABG Sundal Collier had missed expectations on October 14 with third quarter EPS of kr0.03 on revenue of kr303.3M, compared to forecast for EPS of kr0.14 on revenue of kr420M.
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