W R Berkley Corp reports results for the quarter ended December 31 - Earnings Summary

W. R. Berkley

27/01/2025 22:39

* W R Berkley Corp  WRB.N  reported quarterly adjusted
earnings of
$1.13​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 97
cents.  The mean expectation of sixteen analysts for the quarter
was for earnings of 96 cents per share. Wall Street expected
results to range from 84 cents to $1.03 per share.
    * Revenue rose 13.9% to $3.67 billion from a year ago;
analysts
expected $3.51 billion. 
    * W R Berkley Corp's reported EPS for the quarter was
$1.44​.
    * The company reported quarterly net income of $576.1
million.
    * W R Berkley Corp shares had fallen by 1.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, ten analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for W R Berkley Corp
is $65.00 
This summary was machine generated from LSEG data January 27 at
10:39 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
 Dec. 31 2024      0.96           1.13           Beat
 Sep. 30 2024      0.92           0.93           Beat
 Jun. 30 2024      0.92           1.04           Beat
 Mar. 31 2024      0.96           1.04           Beat