Everest Group Ltd reports results for the quarter ended in June - Earnings Summary

Everest

26/07/2023 23:22

* Everest Group Ltd  EG.N  reported quarterly adjusted
earnings of
$15.21​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of $11.64 per share.
    * Revenue rose 11.5% to $3.25 billion from a year ago;
analysts
expected $3.46 billion. 
    * Everest Group Ltd's reported EPS for the quarter was
$16.26​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Everest Group Ltd shares had risen by 7.2% this
quarter and
gained 10.7% so far this year.
    * The company reported quarterly net income of $670 million.
    * Wall Street's median 12-month price target for Everest
Group Ltd
is $429.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 10:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      11.64          15.21          Beat
 Mar. 31 2023      12.51          11.31          Missed
 Dec. 31 2022      9.87           12.21          Beat
 Sep. 30 2022      -5.61          -5.28          Beat