Everest Group Ltd expected to post earnings of $16.01 a share - Earnings Preview

Everest

26/04/2024 22:12

* Everest Group Ltd  EG.N   EG  is expected to show a rise
in
quarterly revenue when it reports  results on April 29 for the
period ending March 31 2024
    * The Hamilton Bermuda-based   company is expected to report
a
26.5% increase in revenue to $3.922 billion from $3.1 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Premiums
Earned)
    * ​LSEG's mean analyst estimate for Everest Group Ltd is for
earnings of $16.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 6
"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 Everest
Group Ltd
is $424.00​, above​ its last closing price of $365.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  14.65       14.66      11.87     Missed  -19
 Sep. 30 2023  10.52       10.60      14.14     Beat    33.4
 Jun. 30 2023  11.53       11.64      15.21     Beat    30.7​
 Mar. 31 2023  12.28       12.51      11.31     Missed  -9.6
 ​​Dec.        9.87        9.87       12.21     Beat    23.7
 31 2022                                                
 Sep. 30 2022  -5.62       -5.61      -5.28     Beat    5.8​
 Jun. 30 2022  7.86        8.06       9.79      Beat    21.5
 Mar. 31 2022  9.25        9.42       10.31     Beat    9.5
 This summary was machine generated April 26 at 21:12 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)