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ACGL Arch Capital News Story

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Arch Capital Group Ltd expected to post earnings of $1.82 a share - Earnings Preview

* Arch Capital Group Ltd  ACGL.OQ   ACGL.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
10 for the period ending December 31 2024
    * The Pembroke Bermuda-based   company is expected to report
a
20.0% increase in revenue to $3.912 billion from $3.26 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Premiums
Written, including only 11% stake in Watford)
    * ​LSEG's mean analyst estimate for Arch Capital Group Ltd
is for
earnings of $1.82 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"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 $120.00​, above​ its last closing price of $93.88.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.07        1.96       1.99      Beat    1.6
 Jun. 30 2024  2.20        2.21       2.57      Beat    16.4
 Mar. 31 2024  2.10        2.10       2.45      Beat    16.8​
 Dec. 31 2023  2.01        2.03       2.49      Beat    22.8
 ​​Sep.        1.63        1.61       2.31      Beat    43.7
 30 2023                                                
 Jun. 30 2023  1.61        1.58       1.92      Beat    21.2​
 Mar. 31 2023  1.45        1.45       1.73      Beat    19.6
 Dec. 31 2022  1.34        1.34       2.14      Beat    60
 This summary was machine generated February 7 at 21:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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