Selective Insurance Group Inc expected to post earnings of $1.46 a share - Earnings Preview

Selective Insurance

31/01/2023 22:47

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 2. 
    * The Branchville New Jersey-based  company is expected to
report 
a 12.9% increase in revenue to $841.356 million from $745.4
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Selective Insurance
Group
Inc is for earnings of $1.46 per share. The company's EPS
guidance on January 23 2023, for the period ended December
31, was about USD1.46
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"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 $93.5​, below​ its last closing price
of $95.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.18        1.17       0.99      Missed  -15.4
 Jun. 30 2022  1.17        1.23       1.17      Missed  -5.1
 Mar. 31 2022  1.45        1.47       1.41      Missed  -4​
 Dec. 31 2021  1.42        1.41       1.56      Beat    10.3
 ​​Sep.        0.96        1.01       1.18      Beat    16.3
 30 2021                                                
 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
 This summary was machine generated January 31 at 22:47 GMT.  All
figures in US dollars  unless otherwise stated