Selective Insurance Group Inc expected to post earnings of $1.47 a share - Earnings Preview

Selective Insurance

03/05/2022 03:06

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Branchville New Jersey-based  company is expected to
report 
a 9.9% increase in revenue to $877.533 million from $798.2
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Selective Insurance
Group
Inc is for earnings of $1.47 per share. For the same quarter
last year, the company reported earnings of $1.70 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 $90​, above​ its last closing price
of $83.53. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.42        1.41       1.56      Beat    10.3
 Sep. 30 2021  0.96        1.01       1.18      Beat    16.3
 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.        1.23        1.20       1.84      Beat    52.9
 31 2020                                                
 Sep. 30 2020  1.03        1.03       1.06      Beat    2.5​
 Jun. 30 2020  0.38        0.38       0.40      Beat    5.9
 Mar. 31 2020  1.02        1.02       0.84      Missed  -17.5
 This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated