Investing.com - Uniqa Insurance AG reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Uniqa Insurance AG announced earnings per share of €0.29 on revenue of €1.42B. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €1.44B.
Uniqa Insurance AG shares are up 21% from the beginning of the year, still down 0.79% from its 52 week high of €7.60 set on May 21. They are outperforming the PSI 20 which is up 7.62% from the start of the year.
Uniqa Insurance AG follows other major Financial sector earnings this month
Uniqa Insurance AG's report follows an earnings beat by Erste Group Bank AG on April 30, who reported EPS of €0.83 on revenue of €1.83B, compared to forecasts EPS of €0.723 on revenue of €1.79B.
Raiffeisen Bank had beat expectations on May 7 with first quarter EPS of €0.59 on revenue of €1.26B, compared to forecast for EPS of €0.53 on revenue of €1.26B.
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