Arch Capital Group Ltd expected to post earnings of $1.34 a share - Earnings Preview

Arch Capital

10/02/2023 22:14

* Arch Capital Group Ltd  ACGL.OQ   ACGL.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
13. 
    * The Pembroke Bermuda-based   company is expected to report
 a
6.6% increase in revenue to $2.395 billion from $2.25 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arch Capital Group
Ltd is
for earnings of $1.34 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arch
Capital
Group Ltd is $70​, above​ its last closing price of $64.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.18        0.17       0.28      Beat    65.7
 Jun. 30 2022  1.08        1.09       1.34      Beat    23.3
 Mar. 31 2022  1.04        1.06       1.10      Beat    3.8​
 Dec. 31 2021  1.01        1.00       1.27      Beat    27.2
 ​​Sep.        0.37        0.36       0.74      Beat    108
 30 2021                                                
 Jun. 30 2021  0.90        0.85       1.00      Beat    18.3​
 Mar. 31 2021  0.45        0.45       0.59      Beat    30.3
 Dec. 31 2020  0.36        0.38       0.56      Beat    47.5
 This summary was machine generated February 10 at 22:14 GMT. 
All figures in US dollars  unless otherwise stated