W R Berkley Corp expected to post earnings of $1.18 a share - Earnings Preview

W. R. Berkley

20/10/2023 22:32

* W R Berkley Corp  WRB.N   WRB  is expected to show a rise
in
quarterly revenue when it reports  results on October 23. 
    * The Greenwich Connecticut-based  company is expected to
report 
a 12.7% increase in revenue to $3.07 billion from $2.72 billion
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for W R Berkley Corp is
for
earnings of $1.18 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"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 W R Berkley
Corp
is $74​, above​ its last closing price of $63.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.08        1.10       1.14      Beat    3.9
 Mar. 31 2023  1.25        1.23       1.00      Missed  -18.8
 Dec. 31 2022  1.10        1.10       1.16      Beat    5.8​
 Sep. 30 2022  0.82        0.85       1.01      Beat    18.3
 ​​Jun.        0.85        0.86       1.12      Beat    30.1
 30 2022                                                
 Mar. 31 2022  0.96        0.95       1.10      Beat    16.3​
 Dec. 31 2021  0.86        0.84       1.02      Beat    21
 Sep. 30 2021  0.66        0.66       0.88      Beat    33.5
 This summary was machine generated October 20 at 21:32 GMT.  All
figures in US dollars  unless otherwise stated