Everest (EG)

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Everest Group Q1 Earnings Miss on Higher Catastrophe Losses
ZACKS· 2025-05-01 20:15
Everest Group (EG) reported first-quarter 2025 operating income of $6.45 per share, which missed the Zacks Consensus Estimate by 13.5%. The bottom line dropped 60.5% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Everest Group suffered due to catastrophe losses, stemming primarily from the California wildfires. Operational UpdateEverest Group’s total operating revenues of nearly $4.3 billion increased 3.1% year over year on higher premiums earned and net investme ...
Everest (EG) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:00
Everest Group (EG) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Speaker0 Please note this event is being recorded. I would now like to turn the conference over to Matthew Rohrman, Head of Investor Relations. Please go ahead. Speaker1 Thank you, Jason. Good morning, everyone, and welcome to the Everest Group Limited First Quarter of twenty twenty five Earnings Conference Call. The Everest executives leading today's call are Jim Williamson, President and CEO Mark Kosciansik, Executive Vice President and CFO ...
Everest (EG) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:00
Everest Group (EG) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Company Participants Matthew Rohrmann - Senior VP & Head of Investor RelationsJim Williamson - President & CEOMark Kociancic - EVP & CFOAndrew Andersen - Equity Research Vice PresidentC. Gregory Peters - Managing Director - InsuranceMeyer Shields - Managing DirectorElyse Greenspan - Managing DirectorBrian Meredith - Managing Director Conference Call Participants Alex Scott - Equity Research AnalystJoshua Shanker - Managing Director & Equity A ...
Everest (EG) - 2025 Q1 - Earnings Call Presentation
2025-05-01 10:19
Everest Strategic Overview 3 Investor Presentation First Quarter 2025 Cautionary Note On Forward-Looking Statements and Non-GAAP Measures This presentation and the accompanying remarks contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These statements reflect management's current expectatio ...
Compared to Estimates, Everest Group (EG) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-01 00:35
For the quarter ended March 2025, Everest Group (EG) reported revenue of $4.26 billion, up 3.2% over the same period last year. EPS came in at $6.45, compared to $16.32 in the year-ago quarter.The reported revenue represents a surprise of -4.53% over the Zacks Consensus Estimate of $4.47 billion. With the consensus EPS estimate being $7.46, the EPS surprise was -13.54%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
Everest Group (EG) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-30 22:45
Everest Group (EG) came out with quarterly earnings of $6.45 per share, missing the Zacks Consensus Estimate of $7.46 per share. This compares to earnings of $16.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.54%. A quarter ago, it was expected that this reinsurance company would post a loss of $16.65 per share when it actually produced a loss of $18.39, delivering a surprise of -10.45%.Over the last four quarters, the ...
Everest (EG) - 2025 Q1 - Quarterly Results
2025-04-30 20:17
NEWS RELEASE EVEREST GROUP, LTD. Seon place, 141 Front Street, 4 Floor, Hamilton HM 19, Bermuda th Contacts Media: Dawn Lauer Investors: Matt Rohrmann Chief Communications Officer Head of Investor Relations 908.300.7670 908.604.7343 1 • Net Income of $210 million; Net Operating Income of $276 million • Total Shareholder Return of 5.6% annualized ; Annualized year-to-date 5.7% Net Income ROE and 7.5% Net Operating Income ROE 1 • $4.4 billion in gross written premium with year-over-year decreases of 2.0% for ...
Will Catastrophe Loss Weigh on Everest Group's Q1 Earnings?
ZACKS· 2025-04-25 13:40
Everest Group, Ltd. (EG) is expected to register an improvement in its top line but a decline in its bottom line when it reports first-quarter 2025 results on April 30, after the closing bell.The Zacks Consensus Estimate for EG’s first-quarter revenues is pegged at $4.47 billion, indicating 8.1% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $7.22 per share. The Zacks Consensus Estimate for EG’s first-quarter earnings has moved down 1.7% in the past 30 days. The es ...
Earnings Preview: Everest Group (EG) Q1 Earnings Expected to Decline
ZACKS· 2025-04-23 15:07
Wall Street expects a year-over-year decline in earnings on higher revenues when Everest Group (EG) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On t ...
EG Lags Industry, Trades at a Discount: What Should Investors Do Now?
ZACKS· 2025-04-10 14:55
Shares of Everest Group, Ltd. (EG) have lost 4.8% in the past year, underperforming the industry and the Zacks S&P 500 composite’s decline of 1% and 3.7%, respectively. The Finance sector has returned 4.5% in the said time frame. The insurer has a market capitalization of $14.95 billion. The average volume of shares traded in the last three months was 0.4 million. The insurer has a solid track record of beating earnings estimates in three two of the last four quarters while missing in the other two, the av ...