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WRB W. R. Berkley News Story

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W R Berkley Corp reports results for the quarter ended June 30 - Earnings Summary

W R Berkley Corp WRB.N reported quarterly adjusted earnings of $1.05​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.04.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from 98 cents to $1.09 per share.

Revenue rose 10.8% to $3.67 billion from a year ago; analysts expected $3.64 billion.

W R Berkley Corp's reported EPS for the quarter was $1.00​.

The company reported quarterly net income of $401.29 million.

W R Berkley Corp shares had fallen by 6.4% this quarter and gained 18.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is  "buy."

Wall Street's median 12-month price target for W R Berkley Corp is $73.50, about 6.5% above its last closing price of $68.75

This summary was machine generated from LSEG data July 21 at 09:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.031.05Beat
Mar. 31 20250.981.01Beat
Dec. 31 20240.961.13Beat
Sep. 30 20240.920.93Beat

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