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

Everest

26/10/2023 04:37

* Everest Group Ltd  EG.N  reported quarterly adjusted
earnings of
$14.14​​ per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for earnings
of $10.60 per share.
    * Revenue rose 14.5% to $3.51 billion from a year ago;
analysts
expected $3.60 billion. 
    * Everest Group Ltd's reported EPS for the quarter was
$15.63​.
    * The mean earnings estimate of analysts had risen by
about 35.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Everest Group Ltd shares had risen by 6.8% this
quarter and
gained 19.9% so far this year.
    * The company reported quarterly net income of $678 million.
    * Wall Street's median 12-month price target for Everest
Group Ltd
is $449.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      10.60          14.14          Beat
 Jun. 30 2023      11.64          15.21          Beat
 Mar. 31 2023      12.51          11.31          Missed
 Dec. 31 2022      9.87           12.21          Beat