Seeking Clues to W.R. Berkley (WRB) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Zacks
04-15

Analysts on Wall Street project that W.R. Berkley (WRB) will announce quarterly earnings of $1.01 per share in its forthcoming report, representing a decline of 2.9% year over year. Revenues are projected to reach $3.48 billion, increasing 7.6% from the same quarter last year.

The consensus EPS estimate for the quarter has undergone an upward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

Bearing this in mind, let's now explore the average estimates of specific W.R. Berkley metrics that are commonly monitored and projected by Wall Street analysts.

Based on the collective assessment of analysts, 'Revenues from non-insurance businesses' should arrive at $126.01 million. The estimate suggests a change of +4.2% year over year.

Analysts' assessment points toward 'Net premiums earned' reaching $2.99 billion. The estimate indicates a change of +8.1% from the prior-year quarter.

It is projected by analysts that the 'Net investment income' will reach $345.95 million. The estimate indicates a change of +8.2% from the prior-year quarter.

Analysts forecast 'Insurance service fees' to reach $25.69 million. The estimate indicates a change of +1.5% from the prior-year quarter.

Analysts expect 'Net premiums earned- Reinsurance & Monoline Excess' to come in at $357.45 million. The estimate indicates a year-over-year change of -2.2%.

The collective assessment of analysts points to an estimated 'Net premiums earned- Insurance' of $2.59 billion. The estimate indicates a year-over-year change of +8%.

The combined assessment of analysts suggests that 'Net investment gains (losses)- Net realized gains on investment sales' will likely reach $16.24 million. The estimate indicates a change of +41.2% from the prior-year quarter.

Analysts predict that the 'Expense Ratio - Total' will reach 28.9%. Compared to the present estimate, the company reported 28.6% in the same quarter last year.

The average prediction of analysts places 'Combined Ratio - Total' at 90.7%. The estimate compares to the year-ago value of 88.8%.

According to the collective judgment of analysts, 'Loss Ratio - Insurance Segment' should come in at 62.1%. The estimate compares to the year-ago value of 61.8%.

View all Key Company Metrics for W.R. Berkley here>>>

Shares of W.R. Berkley have experienced a change of +8.2% in the past month compared to the -3.9% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), WRB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

W.R. Berkley Corporation (WRB) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10