W R Berkley Corp expected to post earnings of 92 cents a share - Earnings Preview

W. R. Berkley

19/07/2024 22:18

* W R Berkley Corp  WRB.N   WRB  is expected to show a rise
in
quarterly revenue when it reports  results on July 22 for the
period ending June 30 2024
    * The Greenwich Connecticut-based  company is expected to
report a
11.8% increase in revenue to $3.349 billion from $3 billion a
year ago, according to the mean estimate from 6 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 92 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 $59.33​, above​ its last closing price of $51.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.95        0.96       1.04      Beat    8.6
 Dec. 31 2024  0.92        0.92       0.97      Beat    5.2
 Sep. 30 2023  0.79        0.79       0.90      Beat    14.6​
 Jun. 30 2023  0.72        0.73       0.76      Beat    3.9
 ​​Mar.        0.83        0.82       0.67      Missed  -18.8
 31 2023                                                
 Dec. 31 2022  0.73        0.73       0.77      Beat    5.8​
 Sep. 30 2022  0.55        0.57       0.67      Beat    18.3
 Jan. 1 0001   0.57        0.57       0.75      Beat    30.1
 This summary was machine generated July 19 at 21:18 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)