W R Berkley Corp reports results for the quarter ended in June - Earnings Summary

W. R. Berkley

20/07/2023 22:02

* W R Berkley Corp  WRB.N  reported quarterly adjusted
earnings of
$1.14​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was
for earnings of $1.10 per share.
    * Revenue rose 19.2% to $3.00 billion from a year ago;
analysts
expected $3.00 billion. 
    * W R Berkley Corp's reported EPS for the quarter was
$1.30​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, nine analysts negatively revised
earnings
estimates 
    * W R Berkley Corp shares had risen by 1.8% this quarter and
lost 15.9% so far this year.
    * The company reported quarterly net income of $356.31
million.
    * Wall Street's median 12-month price target for W R Berkley
Corp
is $74.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.10           1.14           Beat
 Mar. 31 2023      1.23           1.00           Missed
 Dec. 31 2022      1.10           1.16           Beat
 Sep. 30 2022      0.85           1.01           Beat