Swiss Re (SSREY) Expected to Announce Earnings on Thursday

Swiss Re (OTCMKTS:SSREY) is expected to issue its results before the market opens on Thursday, August 6th. Analysts expect Swiss Re to announce earnings of $0.9150 per share and revenue of $10.3113 billion for the quarter.

Swiss Re Price Performance

Shares of OTCMKTS SSREY opened at $41.47 on Thursday. The business has a fifty day moving average price of $39.29 and a 200 day moving average price of $40.36. Swiss Re has a 1-year low of $36.01 and a 1-year high of $48.62. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12.

Analyst Upgrades and Downgrades

Several analysts have commented on SSREY shares. Citigroup reissued a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, UBS Group downgraded shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.