Selective Insurance Group Inc expected to post earnings of $1.99 a share - Earnings Preview

Selective Insurance

27/01/2025 21:02

* Selective Insurance Group Inc  SIGI.OQ   SIGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 29 for the period ending December 31 2024
    * The Branchville New Jersey-based  company is expected to
report
a 9.1% increase in revenue to $1.082 billion from $991.5 million
a year ago, according to the mean estimate from 6 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 $1.99 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 $104.00​, above​ its last closing price
of $93.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.59        1.65       1.40      Missed  -15
 Jun. 30 2024  1.45        1.49       -1.10     Missed  -174.1
 Mar. 31 2024  1.87        1.86       1.33      Missed  -28.4​
 Dec. 31 2023  1.97        1.94       1.94      Met     0
 ​​Sep.        1.57        1.58       1.51      Missed  -4.7
 30 2023                                                
 Jun. 30 2023  0.99        0.99       0.99      Met     0​
 Mar. 31 2023  1.58        1.59       1.44      Missed  -9.6
 Dec. 31 2022  1.46        1.46       1.46      Met     -0.2
 This summary was machine generated January 27 at 21:02 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)