Renaissancere Holdings Ltd expected to post earnings of $7.03 a share - Earnings Preview

RenaissanceRe Holdings

24/01/2025 21:03

* Renaissancere Holdings Ltd  RNR.N   RNR  is expected
to show a
rise in quarterly revenue when it reports  results on January 28
for the period ending December 31 2024
    * The Pembroke Bermuda-based   company is expected to report
a
2.3% increase in revenue to $2.301 billion from $2.25 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (SAL majority is Net Earned Premiums)
    * ​LSEG's mean analyst estimate for Renaissancere Holdings
Ltd is
for earnings of $7.03 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months. ​
    * Wall Street's median 12-month price target for
Renaissancere
Holdings Ltd is $275.00​, above​ its last closing price
of $251.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  8.23        7.75       10.23     Beat    32
 Jun. 30 2024  10.56       10.65      12.41     Beat    16.6
 Mar. 31 2024  9.30        9.41       12.18     Beat    29.5​
 Dec. 31 2023  8.32        8.21       11.77     Beat    43.4
 ​​Sep.        6.21        6.26       8.33      Beat    33.1
 30 2023                                                
 Jun. 30 2023  7.22        7.47       8.79      Beat    17.7​
 Mar. 31 2023  7.22        7.24       8.16      Beat    12.7
 Dec. 31 2022  6.36        6.40       7.33      Beat    14.5
 This summary was machine generated January 24 at 21:03 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)