Allianz SE Forecasted to Post FY2017 Earnings of $1.94 Per Share (AZSEY)
Allianz SE (OTCMKTS:AZSEY) – Equities research analysts at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for Allianz in a report released on Tuesday. Jefferies Group analyst M. Cathcart now forecasts that the financial services provider will earn $1.94 per share for the year, up from their prior forecast of $1.85. Jefferies Group also issued estimates for Allianz’s FY2018 earnings at $2.09 EPS and FY2019 earnings at $2.32 EPS.
Allianz (OTCMKTS:AZSEY) last issued its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.41 EPS for the quarter. Allianz had a net margin of 5.72% and a return on equity of 10.35%.
Shares of Allianz (OTCMKTS AZSEY) opened at $25.31 on Wednesday. Allianz has a 1 year low of $16.50 and a 1 year high of $25.65. The company has a market cap of $111,603.13, a PE ratio of 14.57 and a beta of 1.12.
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Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.
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