M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Issues Earnings Results, Beats Estimates 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) posted its quarterly earnings data on Friday. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.06, Zacks reports. The firm had revenue of $16.76 billion during the quarter, compared to the consensus estimate of $22.83 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.76%.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

Shares of OTCMKTS:MURGY traded down $0.15 during midday trading on Thursday, hitting $12.93. The stock had a trading volume of 157,444 shares, compared to its average volume of 206,336. The company's 50-day moving average price is $13.17 and its 200-day moving average price is $12.66. The company has a market capitalization of $84.46 billion, a P/E ratio of 5.96, a price-to-earnings-growth ratio of 1.60 and a beta of 0.71. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.19. M�nchener R�ckversicherungs-Gesellschaft has a fifty-two week low of $9.72 and a fifty-two week high of $14.41.

Analyst Ratings Changes

A number of research firms have issued reports on MURGY. Keefe, Bruyette & Woods downgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a report on Friday, June 6th. Hsbc Global Res raised shares of M�nchener R�ckversicherungs-Gesellschaft to a "hold" rating in a report on Monday, April 28th. Five analysts have rated the stock with a hold rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, M�nchener R�ckversicherungs-Gesellschaft 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.