Markel Group Inc expected to post earnings of $17.93 a share - Earnings Preview

Markel

22/04/2024 12:17

* Markel Group Inc  MKL.N   MKL  is expected to show a fall
in
quarterly revenue when it reports  results on April 24
(estimated) for the period ending March 31 2024
    * The Glen Allen Virginia-based  company is expected to
report a
2.1% decrease in revenue to $3.566 billion from $3.64 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue
(excluding Forex Gains/(Losses))
    * ​LSEG's mean analyst estimate for Markel Group Inc is for
earnings of $17.93 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Markel
Group Inc
is $1,512.50​, above​ its last closing price of $1,456.69. ​​​

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  22.92       21.55      -13.73    Missed  -163.7
 Sep. 30 2023  20.20       19.61      23.11     Beat    17.8
 Jun. 30 2023  17.37       17.58      21.19     Beat    20.6​
 Mar. 31 2023  16.28       16.14      14.52     Missed  -10
 ​​Dec.        18.22       18.34      18.89     Beat    3
 31 2022                                                
 Sep. 30 2022  13.77       13.66      21.51     Beat    57.5​
 Jun. 30 2022  20.60       20.23      45.02     Beat    122.5
 Mar. 31 2022  16.53       16.60      19.67     Beat    18.5
 This summary was machine generated April 22 at 11:17 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)