Selective Insurance Group Inc expected to post earnings of $1.01 a share - Earnings Preview

Selective Insurance

26/10/2021 01:40

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is expected
to show a rise in quarterly revenue when it reports results on
October 27. 
* The Branchville, New Jersey-based company is expected to
report  a 9.0% increase in revenue to $784.229 million from
$719.5 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Selective Insurance
Group Inc is for earnings of $1.01 per share. For the same
quarter last year, the company reported earnings of $1.06 per
share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"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 Selective
Insurance Group Inc is $85​, about 6% above​ its last closing
price of $79.87. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.21        1.25       1.85      Beat    47.5
 Mar. 31 2021  1.00        1.04       1.70      Beat    63.7
 Dec. 31 2020  1.23        1.20       1.84      Beat    52.9​
 Sep. 30 2020  1.03        1.03       1.06      Beat    2.5
 Jun.          0.38​       0.38       0.40      Beat    5.9​
 30​ 2020​                                              
 Mar. 31 2020  1.02        1.02       0.84      Missed  -17.5​
 Dec. 31 2019  1.08        1.09       1.37      Beat    26.1
 Sep. 30 2019  1.07        1.06       0.97      Missed  -8.8
 This summary was machine generated October 26 at 00:40 GMT.  All
figures in US dollars unless otherwise stated