Selective Insurance Group Inc expected to post earnings of $1.86 a share - Earnings Preview

Selective Insurance

30/04/2024 24:43

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 1 for the period ending January 1 0001
    * The Branchville New Jersey-based  company is expected to
report
a 12.2% increase in revenue to $1.121 billion from $999.8
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Net Premium Written)
    * ​LSEG's mean analyst estimate for Selective Insurance
Group Inc
is for earnings of $1.86 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 1 "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 $109.00​, above​ its last closing price
of $101.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.97        1.94       1.94      Met     0
 Sep. 30 2023  1.57        1.58       1.51      Missed  -4.7
 Jun. 30 2023  0.99        0.99       0.99      Met     0​
 Mar. 31 2023  1.58        1.59       1.44      Missed  -9.6
 ​​Dec.        1.46        1.46       1.46      Met     -0.2
 31 2022                                                
 Sep. 30 2022  1.18        1.17       0.99      Missed  -15.4​
 Jan. 1 0001   1.17        1.23       1.17      Missed  -5.1
 Mar. 31 2022  1.45        1.47       1.41      Missed  -4
 This summary was machine generated April 29 at 23:43 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)