W.R. Berkley Corporation (NYSE:WRB) Earnings Previ…
From Financial Modeling Prep: 2025-01-24 03:00:04
W.R. Berkley Corporation (NYSE:WRB) is gearing up to announce its Q4 2024 earnings on January 27, 2025, with an expected EPS of $0.94, a 3.1% decline from the previous year. Despite this, revenue is projected to increase by 9.1% to $3.51 billion, driven by growth in gross premiums written in key segments.
Analysts anticipate growth in the Insurance and Reinsurance & Monoline Excess segments, with the Insurance segment expected to grow by 2.3% and the Reinsurance & Monoline Excess by 5.8%. The Zacks Consensus Estimate for fourth-quarter 2024 premiums earned is $2.97 billion, indicating a 7.4% increase, though higher expenses may impact gains.
W.R. Berkley’s financial metrics, including a P/E ratio of 14.59 and a debt-to-equity ratio of 0.34, underscore its market position and financial stability. While the company faces potential challenges, its consistent performance and earnings surprises over the past year position it well for the upcoming earnings release.
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