Swiss Re (SSREY) Projected to Announce Quarterly Earnings on Thursday

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

Swiss Re Stock Down 0.4%

Swiss Re stock opened at $41.47 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. Swiss Re has a 1-year low of $36.01 and a 1-year high of $48.62. The company’s 50-day moving average is $39.29 and its 200 day moving average is $40.36.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SSREY. Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Finally, Citigroup restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Swiss Re Company Profile

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.