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Assicurazioni Generali (ARZGY)
OTHER OTC:ARZGY
Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.67Last Year’s EPS
0.4Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 16.63%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a positive performance in the Life and P&C segments, with strong growth in new business and improved operating results. However, challenges remain with higher-than-expected natural catastrophe impacts and possible financial impairments. The sentiment is mixed with strong operational performance but notable challenges in external factors.Company Guidance
In the Generali Group's nine-month 2024 results presentation, the company provided detailed guidance on several key metrics. The Life segment witnessed a robust new production trend with a new business margin reaching 4.92% in the third quarter, although a slight decrease is expected in the fourth quarter due to declining interest rates and product mix impact. Protection business grew by 11.5%, contributing over 40% to the new business value. Lapses normalized in France and decreased in Italy, with expectations of positive net inflow by year-end. In the P&C segment, the undiscounted combined ratio improved to 96.3%, with average premiums in the motor line growing by 7.5%. However, natural catastrophes have impacted results, leading to an anticipated higher budget for such events in future planning. The group also experienced positive financial performance, with a nearly 11% increase in Life operating results and a 20% rise in investment results, albeit with some non-recurring elements. Lastly, the Solvency 2 ratio was slightly impacted by recent acquisitions, expected to decrease by 1 percentage point by year-end.Strong Life Business Performance
The Life segment reported a new business margin of 4.92% in the third quarter, with a 9% growth in new business volume and Protection growing by 11.5%.
Positive P&C Business Trends
Annual average premium for the 10 main markets grew by 6.8%, with the motor line seeing a 7.5% increase. The undiscounted combined ratio improved to 96.3%, down by 1.4% compared to last year.
Improvement in Operating Results
Life operating result increased by almost 11% compared to Q3 2023. P&C's improvement was driven by current year performance with prior year development in line with guidance.
Investment Results Growth
Investment results in Life at €266 million increased over 20% year-on-year.
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ARZGY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARZGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 15, 2024 | $13.65 | $14.25 | +4.40% |
| Aug 09, 2024 | $12.32 | $12.10 | -1.79% |
| May 21, 2024 | $12.95 | $12.74 | -1.62% |
| Mar 12, 2024 | $11.77 | $11.83 | +0.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Assicurazioni Generali (ARZGY) report earnings?
Assicurazioni Generali (ARZGY) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Assicurazioni Generali (ARZGY) earnings time?
Assicurazioni Generali (ARZGY) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARZGY EPS forecast?
ARZGY EPS forecast for the fiscal quarter 2024 (Q4) is 0.67.
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