Allianz Q2 revenue beats $2.8B estimate as EPS narrowly misses

Allianz SE reported second-quarter revenue of $2.8 billion, edging past consensus estimates, while earnings per share came in slightly below expectations.

"Revenue growth was supported by broad-based strength across our property-casualty and asset management segments," the company said in its earnings statement.

Revenue reached $2.803 billion in the three months ended June 30, compared with the $2.798 billion average analyst estimate, a beat of roughly $4.8 million. Earnings per share came in at $2.43, missing the $2.4466 consensus by about 1.7 cents.

The mixed results come as Allianz navigates a competitive European insurance market where pricing pressure and investment income volatility remain key factors. The company's property-casualty segment, its largest revenue driver, has benefited from premium growth across multiple geographies, while asset management fees have tracked broader market performance.

Allianz did not provide specific guidance for the second half of 2026 in its Q2 release. The company's combined ratio and written premium figures for the quarter were not yet disclosed.

The slight EPS miss may temper near-term expectations for margin expansion, though the revenue beat signals continued demand for Allianz's insurance and asset management products. Investors will watch the company's half-year report for updated segment-level profitability metrics and any changes to its full-year outlook.

This article is for informational purposes only and does not constitute investment advice.