Everest Group Ltd reports results for the quarter ended December 31 - Earnings Summary

Everest

03/02/2025 23:29

* Everest Group Ltd  EG.N  reported a quarterly adjusted
loss of
$18.39​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$11.87.  The mean expectation of thirteen analysts for the
quarter was for a loss of $15.60 per share. Wall Street expected
results to range from $-20.37 to 12 cents per share.
    * Revenue rose 7.3% to $3.93 billion from a year ago;
analysts
expected $3.92 billion. 
    * Everest Group Ltd's reported EPS for the quarter was a
loss of
$13.96​.
    * The company reported a quarterly loss of $593 million.
    * Everest Group Ltd shares had fallen by 4.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 228.4% in the last three months.​ 
    * In the last 30 days, twelve analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the reinsurance
peer
group is also "buy"

Wall Street's median 12-month price target for Everest Group Ltd
is $412.25 
This summary was machine generated from LSEG data February 3 at
11:28 p.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      -15.60         -18.39         Missed
 Sep. 30 2024      11.91          14.62          Beat
 Jun. 30 2024      16.59          16.85          Beat
 Mar. 31 2024      16.01          16.32          Beat