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

W. R. Berkley

23/10/2023 22:02

* W R Berkley Corp  WRB.N  reported quarterly adjusted
earnings of
$1.35​​ per share for the quarter ended in September. The mean
expectation of thirteen analysts for the quarter was
for earnings of $1.18 per share.
    * Revenue rose 11.2% to $3.03 billion from a year ago;
analysts
expected $3.07 billion. 
    * W R Berkley Corp's reported EPS for the quarter was
$1.23​.
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * W R Berkley Corp shares had fallen by 0.3% this
quarter and
lost 11.5% so far this year.
    * The company reported quarterly net income of $333.59
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 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 23 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.18           1.35           Beat
 Jun. 30 2023      1.10           1.14           Beat
 Mar. 31 2023      1.23           1.00           Missed
 Dec. 31 2022      1.10           1.16           Beat