Ageas (AGESY) to Release Quarterly Earnings on Thursday

Ageas (OTCMKTS:AGESY) is expected to post its results before the market opens on Thursday, August 27th. Analysts expect the company to announce earnings of $4.20 per share and revenue of $2.8305 billion for the quarter.

Ageas Stock Performance

Ageas stock opened at $86.73 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 1.13. The stock’s 50 day moving average is $82.02 and its 200 day moving average is $77.86. Ageas has a twelve month low of $65.45 and a twelve month high of $86.83.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Ageas from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Ageas Company Profile

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.