Verisk Analytics Inc reports results for the quarter ended in September 30 - Earnings Summary

Verisk Analytics

30/10/2024 15:18

* Verisk Analytics Inc  VRSK.OQ  reported quarterly adjusted
earnings of $1.67​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.52.  The mean expectation of
fourteen analysts for the quarter was for earnings of $1.60 per
share. Wall Street expected results to range from $1.57 
to $1.65 per share.
    * Revenue rose 7% to $725.30 million from a year ago;
analysts
expected $722.17 million. 
    * Verisk Analytics Inc's reported EPS for the quarter was
$1.54​.
    * The company reported quarterly net income of $220.1
million.
    * Verisk Analytics Inc shares had fallen by 1.6% this
quarter and
gained 10.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Verisk Analytics
Inc is 280.50 
This summary was machine generated from LSEG data October 30 at
03:17 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.60           1.67           Beat
 Jun. 30 2024      1.64           1.74           Beat
 Mar. 31 2024      1.53           1.63           Beat
 Dec. 31 2023      1.44           1.40           Missed