Swiss Re (SSREY) Projected to Announce Earnings on Thursday

Swiss Re (OTCMKTS:SSREY) is expected to be announcing its results before the market opens on Thursday, November 5th. Analysts expect Swiss Re to post earnings of $0.9150 per share and revenue of $10.70 billion for the quarter.

Swiss Re Stock Performance

Shares of SSREY stock opened at $47.04 on Tuesday. The firm has a fifty day simple moving average of $43.75 and a two-hundred day simple moving average of $41.42. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Swiss Re Company Profile

Swiss Re Ltd. is a global reinsurance and commercial insurance company headquartered in Zurich, Switzerland. The company helps insurers, businesses and public-sector organizations manage and transfer risks arising from natural disasters, climate change, health events, liability claims and other exposures.

Swiss Re’s principal activities include Property & Casualty Reinsurance and Life & Health Reinsurance. Through these businesses, it provides insurers with coverage, risk-management expertise and related services across areas such as catastrophe risk, specialty insurance, mortality, longevity and health.