Selective Insurance Group Inc reports results for the quarter ended in December - Earnings Summary

Selective Insurance

02/02/2023 23:37

* Selective Insurance Group Inc  SIGI.OQ  reported quarterly
adjusted earnings of $1.46​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of $1.46 per share.
    * Revenue rose 14% to $849.70 million from a year ago;
analysts
expected $841.36 million. 
    * Selective Insurance Group Inc's reported EPS for the
quarter was
$1.38​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Selective Insurance Group Inc shares had risen by 5.7%
this
quarter.
    * The company reported quarterly net income of $84.2
million.
    * Wall Street's median 12-month price target for Selective
Insurance Group Inc is $93.50 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 11:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.46           1.46           Met
 Sep. 30 2022      1.17           0.99           Missed
 Jun. 30 2022      1.23           1.17           Missed
 Mar. 31 2022      1.47           1.41           Missed