Markel Group Inc reports results for the quarter ended in June - Earnings Summary

Markel

03/08/2023 24:24

* Markel Group Inc  MKL.N  reported quarterly adjusted
earnings of
$21.19​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
$17.58 per share.
    * Revenue rose 130.7% to $4.14 billion from a year ago;
analysts
expected $3.76 billion. 
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Markel Group Inc shares had risen by 3.8% this quarter and
gained 8.9% so far this year.
    * The company reported quarterly net income of $677.51
million.
    * Wall Street's median 12-month price target for Markel
Group Inc
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 LSEG Refinitiv data
August 2 at 11:23 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      17.58          21.19          Beat
 Mar. 31 2023      16.14          14.52          Missed
 Dec. 31 2022      18.34          18.89          Beat
 Sep. 30 2022      13.66          21.51          Beat