Markel Corp reports results for the quarter ended in December - Earnings Summary

Markel

01/02/2023 22:53

* Markel Corp  MKL.N  reported quarterly adjusted earnings
of
$18.89​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
$18.34 per share.
    * Revenue rose 12% to $4.21 billion from a year ago;
analysts
expected $3.41 billion. 
    * Markel Corp's reported EPS for the quarter was $49.05​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Markel Corp shares had risen by 6.9% this quarter.
    * The company reported quarterly net income of $663.98
million.
    * Wall Street's median 12-month price target for Markel Corp
is
$1,550.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 10:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      18.34          18.89          Beat
 Sep. 30 2022      13.66          21.51          Beat
 Jun. 30 2022      20.23          45.02          Beat
 Mar. 31 2022      16.60          19.67          Beat