Hannover Ruck (HVRRY) Expected to Announce Quarterly Earnings on Tuesday

Hannover Ruck (OTCMKTS:HVRRY) is expected to be releasing its resultson Tuesday, May 12th. Analysts expect Hannover Ruck to post earnings of $1.18 per share and revenue of $8.5379 billion for the quarter.

Hannover Ruck (OTCMKTS:HVRRY) last posted its earnings results on Thursday, March 12th. The financial services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $7.99 billion. Hannover Ruck had a net margin of 9.92% and a return on equity of 20.38%. On average, analysts expect Hannover Ruck to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Hannover Ruck Stock Up 0.9%

HVRRY stock traded up $0.47 during trading hours on Tuesday, hitting $49.97. The company’s stock had a trading volume of 962 shares, compared to its average volume of 18,745. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $36.16 billion, a PE ratio of 12.04 and a beta of 0.23. Hannover Ruck has a 12 month low of $45.69 and a 12 month high of $55.72. The stock has a 50 day moving average price of $51.22 and a two-hundred day moving average price of $49.94.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non?proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance?linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia?Pacific and other global markets.