Swiss Re (SSREY) Expected to Post Earnings on Thursday

Swiss Re (OTCMKTS:SSREY) is anticipated to issue its results before the market opens on Thursday, November 5th. Analysts expect Swiss Re to announce earnings of $0.9150 per share and revenue of $10.77 billion for the quarter.

Swiss Re Trading Down 1.3%

OTCMKTS SSREY opened at $45.28 on Thursday. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62. The stock has a 50-day simple moving average of $43.57 and a 200 day simple moving average of $41.31.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered Swiss Re from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock 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.