Markel Group Inc expected to post earnings of $19.61 a share - Earnings Preview

Markel

31/10/2023 02:05

* Markel Group Inc  MKL.N   MKL  is expected to show a rise
in
quarterly revenue when it reports  results on November 1. 
    * The Glen Allen Virginia-based  company is expected to
report  a
19.4% increase in revenue to $3.667 billion from $3.07 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Markel Group Inc is
for
earnings of $19.61 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Markel
Group Inc
is $1,650​, above​ its last closing price of $1,457.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  17.37       17.58      21.19     Beat    20.6
 Mar. 31 2023  16.28       16.14      14.52     Missed  -10
 Dec. 31 2022  18.22       18.34      18.89     Beat    3​
 Sep. 30 2022  13.77       13.66      21.51     Beat    57.5
 ​​Jun.        20.60       20.23      45.02     Beat    122.5
 30 2022                                                
 Mar. 31 2022  16.53       16.60      19.67     Beat    18.5​
 Dec. 31 2021  15.88       15.93      17.83     Beat    11.9
 Sep. 30 2021  12.87       11.84      16.54     Beat    39.7
 This summary was machine generated October 31 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated