W R Berkley Corp expected to post earnings of $1.38 a share - Earnings Preview

W. R. Berkley

22/01/2024 21:35

* W R Berkley Corp  WRB.N   WRB  is expected to show a rise
in
quarterly revenue when it reports  results on January 24 for the
period ending December 31 2023
    * The Greenwich Connecticut-based  company is expected to
report a
6.6% increase in revenue to $3.212 billion from $3.01 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for W R Berkley Corp is for
earnings of $1.38 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"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 $79.00​, above​ its last closing price of $75.32. ​​​

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 2023  1.18        1.18       1.35      Beat    14.6
 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.        0.82        0.85       1.01      Beat    18.3
 30 2022                                                
 Jun. 30 2022  0.85        0.86       1.12      Beat    30.1​
 Mar. 31 2022  0.96        0.95       1.10      Beat    16.3
 Dec. 31 2021  0.86        0.84       1.02      Beat    21
 This summary was machine generated January 22 at 21:35 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)