Renaissancere Holdings Ltd reports results for the quarter ended in December - Earnings Summary

RenaissanceRe Holdings

31/01/2023 22:47

* Renaissancere Holdings Ltd  RNR.N  reported quarterly
adjusted
earnings of $7.33​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was
for earnings of $6.40 per share.
    * Revenue rose 16.5% to $1.62 billion from a year ago;
analysts
expected $1.61 billion. 
    * Renaissancere Holdings Ltd's reported EPS for the quarter
was
$10.27​.
    * The mean earnings estimate of analysts had risen by
about 28.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Renaissancere Holdings Ltd shares had risen by 4.5% this
quarter.
    * The company reported quarterly net income of $448.09
million.
    * Wall Street's median 12-month price target for
Renaissancere
Holdings Ltd is $209.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
31 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      6.40           7.33           Beat
 Sep. 30 2022      -7.74          -9.27          Missed
 Jun. 30 2022      5.11           5.51           Beat
 Mar. 31 2022      4.76           3.50           Missed