Everest (EG)
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Analysts Estimate Everest Group (EG) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-10-22 15:01
Core Viewpoint - The market anticipates a year-over-year decline in Everest Group's earnings despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Everest Group is expected to report quarterly earnings of $13.39 per share, reflecting an 8.4% decrease year-over-year, while revenues are projected to be $4.45 billion, a 3.8% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 14.96% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that Everest Group has an Earnings ESP of 0%, suggesting no recent differing analyst views from the consensus estimate [11]. The company holds a Zacks Rank of 2, complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, Everest Group exceeded the expected earnings of $15.14 per share, achieving $17.36, resulting in a surprise of +14.66% [12]. Over the past four quarters, the company has beaten consensus EPS estimates twice [13]. Market Reaction Factors - An earnings beat or miss alone may not dictate stock movement, as other factors can influence investor sentiment [14]. Betting on stocks expected to beat earnings can improve success odds, making it essential to check Earnings ESP and Zacks Rank before quarterly releases [15]. Conclusion - Everest Group does not currently appear to be a strong candidate for an earnings beat, but investors should consider additional factors when making investment decisions ahead of the earnings release [16].
Earnings Preview: What to Expect From Everest Group’s Report
Yahoo Finance· 2025-10-10 08:55
Core Insights - Everest Group, Ltd. (EG) is valued at a market cap of $15.1 billion and operates as a leading global reinsurance and insurance provider, offering a wide range of products across various regions [1] Financial Performance - EG is expected to announce its fiscal Q3 2025 earnings results on October 29, with analysts predicting an adjusted earnings of $9.13 per share, a decrease of nearly 37.6% from $14.62 per share in the same quarter last year [2] - For fiscal 2025, analysts forecast an adjusted EPS of $45.52, representing a 52.6% increase from $29.83 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, EG stock has declined nearly 9.6%, underperforming the S&P 500 Index, which rose by 16.3%, and the Financial Select Sector SPDR Fund, which increased by 16.5% [4] - On October 9, EG shares fell by 2.3% after Wells Fargo analyst Elyse Greenspan reaffirmed a "Hold" rating with a price target of $383 [5] - The consensus among analysts is cautiously optimistic, with a "Moderate Buy" rating; among 18 analysts, five recommend "Strong Buy," two "Moderate Buy," nine suggest "Hold," and two have a "Strong Sell" rating [5] - The average analyst price target of $382.88 indicates a premium of 8.8% from current market prices [5]
Everest Group (NYSE:EG): A Strong Contender in the Insurance Industry
Financial Modeling Prep· 2025-10-08 15:04
Core Insights - Everest Group is a significant player in the insurance and reinsurance industry, offering a variety of property and casualty insurance products to individual and corporate clients [1] - The company competes with major insurers like AIG and Chubb, focusing on competitive rates and comprehensive coverage options [1] Stock Performance - As of October 8, 2025, Everest Group's stock is priced at $364.86, reflecting a recent increase of $3.30, or 0.91% [4] - The stock has experienced a trading range between $361.88 and $368.07 for the day, with a yearly high of $402.11 and a low of $320, indicating volatility and growth potential [4] Market Position - Everest Group has a market capitalization of approximately $15.3 billion, showcasing its significant presence in the insurance industry [5][6] - The stock remains actively traded with a trading volume of 220,966 shares, attracting investor interest [5] Analyst Ratings - Barclays has reaffirmed its "Overweight" rating for Everest Group, raising its price target from $405 to $430, indicating an optimistic outlook for the company's future performance [2][6] - Zacks Investment Research identifies Everest Group as a strong momentum stock, suggesting it is well-positioned to outperform the market in the next 30 days [3][6]
Auxis Named Top FAO Company in Everest Group's Finance and Accounting Outsourcing (FAO) PEAK Matrix® Assessment 2025
Businesswire· 2025-10-06 19:36
Core Insights - Auxis has been recognized for the third consecutive year as a Major Contender in the Finance and Accounting Outsourcing (FAO) PEAK Matrix® Assessment 2025 by Everest Group [1] Company Summary - Auxis is a pioneer in nearshore outsourcing in Latin America and a leader in finance modernization [1] - The company is now part of Grant Thornton Advisors LLC, which enhances its position in the finance outsourcing sector [1] - The recognition by Everest Group reaffirms Auxis's status as a top finance outsourcing company globally [1]
TAPFIN Hits a Dozen: Everest Group Recognizes Transformative Workforce Leader for 12th Consecutive Year
Prnewswire· 2025-10-02 13:31
Core Insights - Talent Solutions TAPFIN has been recognized as a Global Leader in Everest Group's 2025 Contingent Workforce Management PEAK Matrix Assessment for the 12th consecutive year, highlighting its sustained excellence in the industry [1][2] - The company has also been acknowledged as a Leader in Services Procurement for the fourth consecutive year, reinforcing its strategic role in workforce management for global organizations [1][2] Investment in Technology and Strategy - TAPFIN's leadership is attributed to its investments in advanced analytics, generative AI, and consulting services, which address emerging buyer demands and transform the extended workforce into a competitive advantage [2][5] - The proprietary platform, Sophie AI, is central to TAPFIN's strategy, converting raw data into actionable workforce strategies and enhancing decision-making through embedded advisory services [3][5] Independent Contractors and Services Procurement - TAPFIN has developed a comprehensive ecosystem for Independent Contractors, integrating AI-enhanced talent curation with predictive compliance monitoring to meet the growing reliance on ICs [4][5] - The company's advanced SOW capabilities provide visibility into project performance, ensuring that services contribute to measurable business outcomes [4][5] Market Position and Recognition - TAPFIN's holistic capabilities and offshore/nearshore delivery model support diverse industries and job families globally, contributing to its recognition as a leader in the CWM space [5] - The continued recognition by Everest Group reflects TAPFIN's operational consistency and its ability to anticipate market evolution in strategic workforce management [5]
Here's Why Everest Group (EG) is a Strong Momentum Stock
ZACKS· 2025-09-25 14:50
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, aiding investors in selecting securities with high potential for market outperformance [2][3] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes finding undervalued stocks using financial ratios like P/E and Price/Sales [3] - Growth Score assesses a company's financial health and future growth potential based on earnings and sales projections [4] - Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [5] - VGM Score combines all three styles to highlight stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.64% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for maximum return potential [9] - Stocks with lower ranks, even if they have good Style Scores, may still face downward price pressure due to negative earnings forecasts [10] Company Spotlight: Everest Group - Everest Group, established in 1999 and based in Warren, NJ, operates as a property and casualty insurer and reinsurer, with a statutory surplus of $5.6 billion as of December 31, 2024 [11] - The company holds a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [12] - Everest Group's Momentum Style Score is also A, with a recent 0.6% increase in share price over the past four weeks and upward revisions in earnings estimates for fiscal 2025 [12][13]
Everest Announces Ricardo Anzaldua Plans to Retire as General Counsel
Businesswire· 2025-09-24 20:15
Core Insights - Everest Group, Ltd. has announced the retirement intention of Ricardo Anzaldua, EVP and General Counsel, in the coming months [1] - The company has initiated a search for a successor to ensure a smooth transition [1] - Mr. Anzaldua will continue in his role as General Counsel during the interim period [1]
Everest Group to Hold Third Quarter 2025 Earnings Conference Call on Thursday, October 30, 2025
Businesswire· 2025-09-22 20:15
Core Viewpoint - Everest Group, Ltd. will hold its third quarter 2025 earnings conference call on October 30, 2025, at 8:00 am Eastern Time [1] Group 1 - The earnings conference call will provide insights into the company's financial performance for the third quarter of 2025 [1] - Dial-in details for the call can be obtained through a registration form [1] - A live, listen-only webcast of the call will be available on the company's investor relations website, along with a replay option [1]
Silver Scott Mines Digital Division Delivers Kanab.club Beta to Everest Networks Under Recently Completed Agreement
Accessnewswire· 2025-09-22 13:15
Core Insights - Silver Scott Mines, Inc. has successfully delivered the beta version of its Kanab.club platform to Everest Networks, marking a significant milestone in their strategic collaboration [1] Company Developments - The delivery of the Kanab.club beta version is the first major deliverable under the expansion agreement between Silver Scott Mines and Everest Networks [1] - This advancement indicates a significant progress in Silver Scott's digital asset and community platform portfolio [1]
Everest Group Stock: Is EG Underperforming the Financial Sector?
Yahoo Finance· 2025-09-22 12:39
Core Insights - Everest Group, Ltd. (EG) is a significant player in the reinsurance and insurance market, with a market capitalization of $14.1 billion, offering a range of products and services including property, casualty, and specialty reinsurance [1][2] Financial Performance - EG's shares have decreased by 17.7% from their 52-week high of $407.30, reached on October 4, 2024, and have underperformed compared to the Financial Select Sector SPDR Fund (XLF), which gained 8% over the same period [3] - Year-to-date, EG shares have dipped 7.5% and have plunged 13.6% over the past 52 weeks, significantly lagging behind XLF's YTD gains of 12.3% and 18.7% returns over the last year [4] - In Q2, EG reported an EPS of $17.36, exceeding Wall Street's expectations of $15.14, with revenue of $4.5 billion also surpassing forecasts of $4.4 billion [5] Market Position and Analyst Sentiment - EG is classified as a large-cap stock, reflecting its substantial assets and global presence in over 100 countries, which contributes to its financial stability and customer trust [2] - Analysts maintain a "Moderate Buy" consensus rating for EG, with a mean price target of $382.62, indicating a potential upside of 14.1% from current price levels [6]