* Arch Capital Group Ltd ACGL.OQ reported quarterly
adjusted
earnings of $2.26 per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of $2.49. The mean expectation of sixteen analysts for the
quarter was for earnings of $1.82 per share. Wall Street
expected results to range from $1.59 to $2.13 per share.
* Revenue rose 17.1% to $3.82 billion from a year ago;
analysts
expected $3.91 billion.
* Arch Capital Group Ltd's reported EPS for the quarter was
$2.42.
* The company reported quarterly net income of $925 million.
* Arch Capital Group Ltd shares had risen by 1.2% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.
* In the last 30 days, two analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* 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 average consensus recommendation for the property &
casualty
insurance peer group is also "buy"
Wall Street's median 12-month price target for Arch Capital
Group Ltd is $120.00
This summary was machine generated from LSEG data February 11 at
01:33 a.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 1.82 2.26 Beat
Sep. 30 2024 1.96 1.99 Beat
Jun. 30 2024 2.21 2.57 Beat
Mar. 31 2024 2.10 2.45 Beat