Markel Group Inc reports results for the quarter ended March 31 - Earnings Summary

Markel

01/05/2025 18:53

Markel Group Inc MKL.N reported quarterly adjusted earnings of $21.60​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $20.65.  The mean expectation of five analysts for the quarter was for earnings of $16.77 per share. Wall Street expected results to range from $12.00  to $21.74 per share.

Revenue fell 23.9% to $3.40 billion from a year ago; analysts expected $3.60 billion.

Markel Group Inc's reported EPS for the quarter was $12.08​.

The company reported quarterly net income of $155.06 million.

Markel Group Inc shares had fallen by 2.7% this quarter and gained 5.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 25% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"

Wall Street's median 12-month price target for Markel Group Inc is $1,890.00

This summary was machine generated from LSEG data May 1 at 05:53 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
16.77
21.60
Beat
Dec. 31 2024
18.93
29.65
Beat
Sep. 30 2024
21.43
-4.24
Missed
Jun. 30 2024
21.46
26.96
Beat