Earnings Alerts

Allianz (ALV) Earnings: Q2 Operating Profit Exceeds Estimates at €4.41 Billion

  • Allianz’s operating profit for the second quarter was €4.41 billion, surpassing expectations of €4.28 billion.
  • The Property & Casualty segment reported an operating profit of €2.30 billion, slightly higher than the estimated €2.28 billion.
  • The Life & Health segment earned €1.40 billion in operating profit, just marginally below the projected €1.41 billion.
  • Allianz achieved a total revenue of €44.5 billion in the second quarter.
  • The company’s Solvency II ratio stood at 209%, indicating robust financial health and capital adequacy.
  • Analyst recommendations include 9 buy ratings, 12 hold ratings, and 3 sell ratings for Allianz’s stock.

Allianz on Smartkarma

Analyst coverage on Allianz by Joe Jasper on Smartkarma indicates a bullish sentiment towards Germany and Europe, maintaining an overweight stance on Germany and the U.S. market. The report highlights a bullish outlook on global equities, specifically mentioning MSCI ACWI. Jasper mentions potential pullbacks in the near term, with support levels at $116 on ACWI-US and 5770-5850 or 5600-5670 on SPX being areas of interest for buyers. The report emphasizes Germany and Europe’s leading position in the market, with a favorable view on these regions since January 9th.


A look at Allianz Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Allianz shows a promising long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, the company appears to be well-positioned for steady performance in the future. This indicates that Allianz is likely to provide consistent dividends, exhibit growth potential, maintain resilience in challenging market conditions, and display positive momentum in its operations. These factors collectively suggest a favorable outlook ahead for Allianz.

Allianz SE, a company specializing in insurance and financial services through its subsidiaries, presents a solid overall outlook according to the Smartkarma Smart Scores. Offering a range of insurance services including property and casualty, life and health, credit, motor vehicle, and travel insurance, along with fund management services, Allianz is positioned as a reliable player in the industry. With strong scores in key areas such as Dividend, Growth, Resilience, and Momentum, Allianz appears to be a company with a robust foundation and potential for sustained success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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