Allianz (OTCMKTS:ALIZY – Get Free Report) is expected to release its results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of $0.98 per share and revenue of $47.00 billion for the quarter.
Allianz (OTCMKTS:ALIZY – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.16). Allianz had a net margin of 6.31% and a return on equity of 18.33%. The company had revenue of $23.01 billion for the quarter, compared to analysts’ expectations of $46.70 billion. On average, analysts expect Allianz to post $3.48 EPS for the current fiscal year and $3.75 EPS for the next fiscal year.
Allianz Trading Up 3.0%
OTCMKTS ALIZY opened at $51.41 on Tuesday. Allianz has a 12 month low of $39.44 and a 12 month high of $52.82. The stock has a market cap of $195.57 billion, a P/E ratio of 14.31, a P/E/G ratio of 2.28 and a beta of 0.66. The stock’s fifty day moving average price is $49.23 and its 200-day moving average price is $46.44.
Analyst Ratings Changes
Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Allianz in a research report on Monday, August 10th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Allianz
About Allianz
Allianz SE is a global insurance and financial services company founded in Berlin in 1890 and headquartered in Munich, Germany. It serves individuals, businesses and institutional clients in markets around the world.
The company’s insurance operations include property and casualty coverage, life insurance, health insurance and related services. Its offerings address risks ranging from personal and commercial property to health, retirement and employee benefits.
Allianz also provides investment and asset management services through businesses including Allianz Global Investors and PIMCO.
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