M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Key Points

• Münchener Rückversicherungs-Gesellschaft reported **$0.36 earnings per share**, exceeding expectations by **$0.07 EPS**.
• The company's total revenue for the quarter was **$16.76 billion**, significantly lower than the consensus estimate of **$22.83 billion**.
• MURGY stock opened trading at **$13.20**, with a market capitalization of **$86.23 billion** and a price-to-earnings ratio of **6.37**.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) announced its quarterly earnings results on Friday. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.06, Zacks reports. The business had revenue of $16.76 billion during the quarter, compared to analyst estimates of $22.83 billion. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 14.53% and a net margin of 7.53%.

M�nchener R�ckversicherungs-Gesellschaft Trading Down 6.7%

M�nchener R�ckversicherungs-Gesellschaft stock traded down $0.95 during mid-day trading on Friday, hitting $13.20. The stock had a trading volume of 251,220 shares, compared to its average volume of 242,415. The stock has a 50-day simple moving average of $13.18 and a two-hundred day simple moving average of $12.61. The stock has a market capitalization of $86.23 billion, a PE ratio of 6.37, a P/E/G ratio of 1.54 and a beta of 0.71. M�nchener R�ckversicherungs-Gesellschaft has a 12 month low of $9.45 and a 12 month high of $14.41. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.19.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MURGY shares. Keefe, Bruyette & Woods lowered M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a report on Friday, June 6th. Hsbc Global Res upgraded M�nchener R�ckversicherungs-Gesellschaft to a "hold" rating in a report on Monday, April 28th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.