Everest Group (EG) reported $4.49 billion in revenue for the quarter ended June 2025, representing a year-over- year increase of 6.3%. EPS of $17.36 for the same period compares to $16.85 a year ago. The reported revenue represents a surprise of +2.03% over the Zacks Consensus Estimate of $4.4 billion. With the consensus EPS estimate being $15.14, the EPS surprise was +14.66%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Everest Group (EG) came out with quarterly earnings of $17.36 per share, beating the Zacks Consensus Estimate of $15.14 per share. This compares to earnings of $16.85 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Everest Group, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $4.49 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate ...

Executive Summary & Key Highlights [Second Quarter 2025 Performance Overview](index=1&type=section&id=1.1%20Second%20Quarter%202025%20Performance%20Overview) Everest Group reported strong Q2 2025 results with net income of $680 million and net operating income of $734 million, achieving annualized ROEs of 18.2% and 19.6% respectively | Metric | Q2 2025 (USD millions / %) | Q2 2024 (USD millions / %) | | :----------------------------------- | :----------------------- | :----------------------- | | Net Income | 680 | 724 | | Net Operating Income | 734 | 730 | | Annualized Net Income ROE | 18.2% | 19.6% | | Annualized Net Operating Income ROE | 19.6% | 19.7% | | Gross Written Premium (Group) | 4,700 (approx) | 4,725 | | Combined Ratio (Group) | 90.4% | 90.3% | | Underwriting Income (Group) | 385 | 358 | | Net Investment Income | 532 | 528 | | Operating Cashflow | 1,100 (approx) | 1,300 (approx) | - Gross written premium for the Group decreased by **0.7%** year-over-year, with Reinsurance increasing by **1.6%** and Insurance decreasing by **3.3%** on a comparable basis[3](index=3&type=chunk) - Aviation losses associated with the Russia / Ukraine war contributed **2.5 points** to the Group's combined ratio[3](index=3&type=chunk) - Net favorable development of approximately **$39 million** in prior year loss reserves in Reinsurance, resulting in a **1.0 point** decrease on the Group's combined ratio[3](index=3&type=chunk) [CEO Commentary](index=3&type=section&id=1.2%20CEO%20Commentary) CEO Jim Williamson highlighted strong Q2 performance driven by both underwriting and net investment income, resulting in an approximate 20% operating ROE - Everest delivered a strong second quarter, with solid contributions from both underwriting income and net investment income, resulting in an annualized operating ROE of approximately **20%**[4](index=4&type=chunk) - The Reinsurance business continues to deliver outstanding results, further supported by favorable reserve development this quarter[4](index=4&type=chunk) - In Insurance, the execution of the '1-Renewal Strategy' is nearly complete, positioning the portfolio to generate improved results over time[4](index=4&type=chunk) Consolidated Financial Results [Net Income and Operating Income](index=3&type=section&id=2.1%20Net%20Income%20and%20Operating%20Income) Everest Group reported Q2 2025 net income of $680 million ($16.10 per diluted share) and net operating income of $734 million ($17.36 per diluted share) Net Income and Operating Income Summary | Metric | Q2 2025 (USD millions) | Q2 2024 (USD millions) | YoY Change (USD millions) | | :----------------------------------- | :--------------------- | :--------------------- | :------------------------ | | Net income (loss) | 680 | 724 | (44) | | Net operating income (loss) | 734 | 730 | 4 | | Net income (loss) per diluted common share | 16.10 | 16.70 | (0.60) | | Net operating income (loss) per diluted common share | 17.36 | 16.85 | 0.51 | | Net income (loss) return on average equity (annualized) | 18.2% | 19.6% | (1.4) pts | | After-tax net operating income (loss) return on average equity (annualized) | 19.6% | 19.7% | (0.1) pts | [Shareholders' Equity and Book Value per Share](index=4&type=section&id=2.2%20Shareholders'%20Equity%20and%20Book%20Value%20per%20Share) Shareholders' equity increased to **$15.0 billion** at June 30, 2025, from **$13.9 billion** at December 31, 2024, with book value per common share rising to **$358.08** Shareholders' Equity and Book Value per Share | Metric | June 30, 2025 (USD millions / share) | Dec 31, 2024 (USD millions / share) | Change (USD millions / share / pts) | | :-------------------------------------------------------------------- | :--------------------------------- | :--------------------------------- | :---------------------------------- | | Ending shareholders' equity | 15,019 | 13,875 | 1,144 | | Shareholders' equity excluding URA(D) on fixed maturity, available for sale securities | 15,272 | 14,700 (adjusted beginning of period) | 572 | | Book value per common share outstanding | 358.08 | 322.97 | 35.11 | | Book value per common share outstanding excluding URA(D) | 364.10 | 342.74 | 21.36 | | Common share repurchases (Q2 2025) | 200.0 | 65 (Q2 2024) | 135 | | Common share dividends paid (Q2 2025) | 84.0 | 86 (Q2 2024) | (2) | | Total Shareholder Return ("TSR") - Annualized (YTD 2025) | 14.8% | 20.0% (YTD 2024) | (5.2) pts | [Consolidated Underwriting Performance](index=5&type=section&id=2.3%20Consolidated%20Underwriting%20Performance) The Group's underwriting income for Q2 2025 was $385 million, with a combined ratio of 90.4%, a slight increase of 0.1 points year-over-year Consolidated Underwriting Information | Metric | Q2 2025 (USD millions / %) | Q2 2024 (USD millions / %) | YoY Change (points / %) | | :----------------------------------- | :----------------------- | :----------------------- | :---------------------- | | Gross written premium | 4,680 | 4,725 | (0.9)% | | Net written premium | 4,119 | 4,084 | 0.8% | | Total Loss ratio | 61.9% | 62.6% | (0.7) pts | | Current year Loss ratio | 60.0% | 58.5% | 1.5 pts | | Prior year Loss ratio | (1.0)% | —% | (1.0) pts | | Russia/Ukraine war losses (Loss Ratio) | 2.5% | —% | 2.5 pts | | Combined ratio | 90.4% | 90.3% | 0.1 pts | | Attritional combined ratio | 88.6% | 86.6% | 2.0 pts | | Pre-tax underwriting income (loss) | 385 | 358 | 27 | | Pre-tax net catastrophe losses | 20 | 135 | (115) | | Pre-tax net Russia/Ukraine war losses | 98 | — | 98 | | Pre-tax net favorable prior year reserve development | (39) | — | (39) | [Investment Income and Cash Flow](index=1&type=section&id=2.4%20Investment%20Income%20and%20Cash%20Flow) Net investment income for Q2 2025 increased slightly to $532 million, while operating cash flow was $1.1 billion, and total invested assets grew to $44.3 billion Investment Income and Cash Flow Summary | Metric | Q2 2025 (USD millions) | Q2 2024 (USD millions) | YoY Change (USD millions) | | :----------------------------------- | :--------------------- | :--------------------- | :------------------------ | | Net investment income | 532 | 528 | 4 | | Operating cashflow | 1,100 (approx) | 1,300 (approx) | (200) | | Total invested assets and cash (as of June 30, 2025) | 44,300 | 41,531 (Dec 31, 2024) | 2,769 | Segment-Specific Underwriting Performance [Reinsurance Segment Highlights](index=6&type=section&id=3.1%20Reinsurance%20Segment%20Highlights) The Reinsurance segment reported a 1.1% increase in gross written premium to $3.24 billion and a strong combined ratio of 85.6%, improving by 3.3 points year-over-year Reinsurance Underwriting Information | Metric | Q2 2025 (USD millions / %) | Q2 2024 (USD millions / %) | YoY Change (points / %) | | :----------------------------------- | :----------------------- | :----------------------- | :---------------------- | | Gross written premium | 3,243 | 3,209 | 1.1% | | Net written premium | 3,077 | 3,033 | 1.4% | | Total Loss ratio | 58.3% | 61.7% | (3.4) pts | | Current year Loss ratio | 56.4% | 56.7% | (0.3) pts | | Prior year Loss ratio | (1.3)% | —% | (1.3) pts | | Russia/Ukraine war losses (Loss Ratio) | 3.2% | —% | 3.2 pts | | Combined ratio | 85.6% | 88.9% | (3.3) pts | | Attritional combined ratio | 84.1% | 84.4% | (0.3) pts | | Pre-tax net prior year reserve development | (39) | — | (39) | | Pre-tax net Russia/Ukraine war losses | 98 | — | 98 | - Gross written premiums increased **1.6%** on a comparable basis, primarily led by a **15.2%** increase in Property Catastrophe XOL and an **8.5%** increase in Property Pro-Rata, partially offset by a **14.9%** decrease in Casualty Pro-Rata[16](index=16&type=chunk) - Aviation losses associated with the Russia / Ukraine war of **$98 million** contributed **3.2 points** to the Reinsurance combined ratio[16](index=16&type=chunk) - Catastrophe losses were benign in the quarter, compared to **$120 million** in the prior year quarter[16](index=16&type=chunk) [Insurance Segment Highlights](index=7&type=section&id=3.2%20Insurance%20Segment%20Highlights) The Insurance segment's gross written premium decreased by 3.1% to $1.41 billion, reflecting strategic portfolio shaping, while its combined ratio deteriorated to 102.0% Insurance Underwriting Information | Metric | Q2 2025 (USD millions / %) | Q2 2024 (USD millions / %) | YoY Change (points / %) | | :----------------------------------- | :----------------------- | :----------------------- | :---------------------- | | Gross written premium | 1,414 | 1,459 | (3.1)% | | Net written premium | 1,022 | 1,009 | 1.3% | | Total Loss ratio | 69.9% | 64.7% | 5.2 pts | | Current year Loss ratio | 68.9% | 63.0% | 5.9 pts | | Combined ratio | 102.0% | 93.8% | 8.2 pts | | Attritional combined ratio | 100.7% | 92.1% | 8.6 pts | - Gross written premiums decreased **3.3%** on a comparable basis as the company continued to strategically shape the portfolio, executing on its strategy to improve business mix and portfolio quality in North America[20](index=20&type=chunk) - Growth in Other Specialty (**39.7%**) and Accident and Health (**24.1%**) was offset by decreases in Specialty Casualty (**27.3%**) due to the '1-Renewal Strategy' and Workers' Compensation (**7.2%**)[20](index=20&type=chunk) - The '1-Renewal Strategy' is on track to be completed in **3Q'25**[20](index=20&type=chunk) [Other Segment Performance](index=8&type=section&id=3.3%20Other%20Segment%20Performance) The Other segment reported an underwriting loss of $33 million in Q2 2025, a significant increase from a $2 million loss in Q2 2024 Other Segment Underwriting Information | Metric | Q2 2025 (USD millions) | Q2 2024 (USD millions) | YoY Change (USD millions) | | :----------------------- | :--------------------- | :--------------------- | :------------------------ | | Gross written premium | 22 | 57 | (35) | | Net written premium | 20 | 42 | (22) | | Underwriting income (loss) | (33) | (2) | (31) | - Gross written premiums reflect a limited number of renewed and new policies written on the Company's paper by the purchaser of the sports and leisure business, for a finite period of time post-closing[22](index=22&type=chunk) - The segment included current accident year losses from intellectual property business that the company has exited[22](index=22&type=chunk) Company Information & Disclosures [About Everest Group, Ltd.](index=9&type=section&id=4.1%20About%20Everest%20Group%2C%20Ltd.) Everest Group, Ltd. (NYSE: EG) is a global underwriting leader providing property, casualty, and specialty reinsurance and insurance solutions - Everest Group, Ltd. is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions[25](index=25&type=chunk) - The company is known for a **50-year** track record of disciplined underwriting, capital and risk management[25](index=25&type=chunk) - Everest common stock (NYSE: EG) is a component of the S&P 500 index[26](index=26&type=chunk) [Forward-Looking Statements](index=9&type=section&id=4.2%20Forward-Looking%20Statements) The report contains forward-looking statements subject to risks and uncertainties, including economic conditions, industry trends, and regulatory changes - This news release contains forward-looking statements intended to be covered by safe harbor provisions[24](index=24&type=chunk) - Actual results may differ materially from those contained in forward-looking statements due to risks and uncertainties including general economic conditions, industry conditions, adequacy of reserves, underwriting risk, competition, investment market fluctuations, catastrophes, pandemics, and regulatory uncertainties[24](index=24&type=chunk) - The Company undertakes no obligation to publicly update or revise any forward-looking statements[24](index=24&type=chunk) Non-GAAP Financial Measures and Reconciliations [After-tax Net Operating Income (Loss) Reconciliation](index=10&type=section&id=5.1%20After-tax%20Net%20Operating%20Income%20(Loss)%20Reconciliation) After-tax net operating income (loss) is a non-GAAP measure that excludes after-tax net gains (losses) on investments and foreign exchange from net income (loss) - After-tax net operating income (loss) consists of net income (loss) excluding after-tax net gains (losses) on investments and after-tax net foreign exchange income (expense)[31](index=31&type=chunk) - This non-GAAP measure is presented to facilitate a deeper understanding of the profitability drivers of the business and is considered a useful supplement to GAAP information[29](index=29&type=chunk)[33](index=33&type=chunk) After-tax Net Operating Income (Loss) Reconciliation | Metric | Q2 2025 (USD millions) | Q2 2024 (USD millions) | | :----------------------------------- | :--------------------- | :--------------------- | | After-tax net operating income (loss) | 734 | 730 | | After-tax net gains (losses) on investments | (3) | (14) | | After-tax net foreign exchange income (expense) | (50) | 7 | | Net income (loss) | 680 | 724 | [Attritional Loss Ratio and Attritional Combined Ratio Reconciliation](index=11&type=section&id=5.2%20Attritional%20Loss%20Ratio%20and%20Attritional%20Combined%20Ratio%20Reconciliation) Attritional ratios are non-GAAP measures that adjust standard loss and combined ratios by excluding volatile or non-recurring events for better comparability - Attritional loss ratio and attritional combined ratio are defined as the loss ratio and combined ratio, respectively, adjusted to exclude catastrophe losses, net catastrophe reinstatement premiums, prior year development, COVID-19 losses, and losses from the Russia/Ukraine war[34](index=34&type=chunk) - These adjusted ratios are useful to management and investors because they provide for better comparability and more accurately measure the Company's underlying underwriting performance[34](index=34&type=chunk) Attritional Ratios Reconciliation (Group) | Metric | Q2 2025 Group (%) | Q2 2024 Group (%) | YoY Change (points) | | :---------------------- | :---------------- | :---------------- | :--------------- | | Loss ratio | 61.9% | 62.6% | (0.7) | | Attritional loss ratio | 60.1% | 58.8% | 1.3 | | Combined ratio | 90.4% | 90.3% | 0.1 | | Attritional combined ratio | 88.6% | 86.6% | 2.0 | [Gross Written Premium on a Comparable Basis Reconciliation](index=12&type=section&id=5.3%20Gross%20Written%20Premium%20on%20a%20Comparable%20Basis%20Reconciliation) Gross written premium on a comparable basis is a non-GAAP measure that adjusts reported gross written premium for constant currency effects and excludes reinstatement premiums - Gross written premium on a comparable basis reflects constant currency basis and excludes reinstatement premiums[36](index=36&type=chunk) - This measure is provided to investors as a useful supplement to GAAP information concerning the Company's performance[36](index=36&type=chunk) Gross Written Premium Reconciliation (Comparable Basis) | Segment | Q2 2025 (USD millions) | Q2 2024 (USD millions) | YoY Change (%) | | :----------------------------------- | :--------------------- | :--------------------- | :------------- | | Group Gross Written Premium (GAAP) | 4,680 | 4,725 | (0.9)% | | Group Gross Written Premium (Comparable Basis) | 4,678 | 4,709 | (0.7)% | | Reinsurance Gross Written Premium (GAAP) | 3,243 | 3,209 | 1.1% | | Reinsurance Gross Written Premium (Comparable Basis) | 3,241 | 3,191 | 1.6% | | Insurance Gross Written Premium (GAAP) | 1,414 | 1,459 | (3.1)% | | Insurance Gross Written Premium (Comparable Basis) | 1,414 | 1,462 | (3.3)% | [Net Operating Income Return On Equity ("ROE") Reconciliation](index=13&type=section&id=5.4%20Net%20Operating%20Income%20Return%20On%20Equity%20(%22ROE%22)%20Reconciliation) Net Operating Income ROE is a non-GAAP measure used to assess operational results with better comparability by removing investment-related variability - Net Operating Income ROE is calculated by dividing after-tax net operating income (loss) by average shareholders' equity, adjusted for average net unrealized depreciation (appreciation) of fixed maturity, available for sale securities[37](index=37&type=chunk) - This measure is useful for management and investors as it allows for better comparability and removes variability when assessing the results of operations[37](index=37&type=chunk) Return on Equity (Annualized) | Metric (Annualized) | Q2 2025 (%) | Q2 2024 (%) | YoY Change (points) | | :----------------------------------- | :---------- | :---------- | :--------------- | | After-tax net operating income (loss) ROE | 19.6% | 19.7% | (0.1) | | Net income (loss) ROE | 18.2% | 19.6% | (1.4) | [Underwriting Income Reconciliation](index=14&type=section&id=5.5%20Underwriting%20Income%20Reconciliation) Underwriting income is a non-GAAP measure representing net premiums earned less incurred losses and expenses, useful for evaluating core business segment performance - Underwriting income is calculated as net premiums earned, less incurred losses and loss adjustment expenses, commission, brokerage, taxes and fees, and other underwriting expenses[39](index=39&type=chunk) - The Company believes underwriting income is a useful measure for management and investors when assessing the performance of the Company's reinsurance and insurance business segments[39](index=39&type=chunk) Underwriting Income (Loss) by Segment | Segment | Q2 2025 (USD millions) | Q2 2024 (USD millions) | YoY Change (USD millions) | | :----------------------- | :--------------------- | :--------------------- | :------------------------ | | Consolidated Group | 385 | 358 | 27 | | Reinsurance | 436 | 303 | 133 | | Insurance | (18) | 56 | (74) | | Other | (33) | (2) | (31) | [Book Value per Common Share Outstanding Excluding URA(D) Reconciliation](index=14&type=section&id=5.6%20Book%20Value%20per%20Common%20Share%20Outstanding%20Excluding%20URA(D)%20Reconciliation) This non-GAAP measure shows shareholder returns per share, adjusted for investment volatility, by excluding unrealized appreciation (depreciation) on fixed maturity securities - Book value per common share outstanding excluding net unrealized appreciation (depreciation) on fixed maturity, available for sale securities ("URA(D)") is calculated as reported shareholders' equity less URA(D), divided by common shares outstanding[41](index=41&type=chunk) - This metric is useful to management and investors as it shows the value of shareholder returns on a per share basis after eliminating the variability of investments held at fair value[41](index=41&type=chunk) Book Value per Common Share Outstanding | Metric | June 30, 2025 (USD) | Dec 31, 2024 (USD) | Change (USD) | | :-------------------------------------------------------------------- | :------------------ | :----------------- | :----------- | | Book value per common share outstanding | 358.08 | 322.97 | 35.11 | | Book value per common share outstanding excluding URA(D) | 364.10 | 342.74 | 21.36 | [Annualized Total Shareholder Return Reconciliation](index=14&type=section&id=5.7%20Annualized%20Total%20Shareholder%20Return%20Reconciliation) Annualized Total Shareholder Return (TSR) is a non-GAAP measure providing a comprehensive view of shareholder returns, adjusted for investment volatility - Annualized TSR is calculated as year-to-date growth in book value per common share outstanding (excluding URA(D)) plus year-to-date dividends per share[42](index=42&type=chunk) - This measure provides a comprehensive view of shareholder returns, adjusted for investment volatility[42](index=42&type=chunk) Annualized Total Shareholder Return | Metric | YTD 2025 (%) | YTD 2024 (%) | YoY Change (points) | | :----------------------------------- | :----------- | :----------- | :--------------- | | Total Shareholder Return ("TSR") - Annualized | 14.8% | 20.0% | (5.2) | Consolidated Financial Statements (GAAP) [Consolidated Statements of Operations and Comprehensive Income (Loss)](index=15&type=section&id=6.1%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Income%20(Loss)) This statement presents the company's revenues, claims and expenses, and net income (loss) for the three and six months ended June 30, 2025 and 2024 Consolidated Statements of Operations and Comprehensive Income (Loss) | Metric | Q2 2025 (USD millions) | Q2 2024 (USD millions) | | :----------------------------------- | :--------------------- | :--------------------- | | Premiums earned | 3,991 | 3,693 | | Net investment income | 532 | 528 | | Total revenues | 4,491 | 4,227 | | Incurred losses and loss adjustment expenses | 2,472 | 2,311 | | Total claims and expenses | 3,676 | 3,395 | | Income (loss) before taxes | 815 | 832 | | Net income (loss) | 680 | 724 | | Comprehensive income (loss) | 1,145 | 688 | | Diluted Earnings Per Common Share | 16.10 | 16.70 | [Consolidated Balance Sheets](index=16&type=section&id=6.2%20Consolidated%20Balance%20Sheets) The consolidated balance sheet provides a snapshot of Everest Group's financial position as of June 30, 2025, and December 31, 2024 Consolidated Balance Sheets | Metric | June 30, 2025 (USD millions) | Dec 31, 2024 (USD millions) | | :----------------------------------- | :----------------------------- | :----------------------------- | | Total investments and cash | 44,300 | 41,531 | | Total assets | 60,519 | 56,341 | | Reserve for losses and loss adjustment expenses | 32,476 | 29,889 | | Unearned premium reserve | 7,643 | 7,324 | | Total liabilities | 45,500 | 42,466 | | Total shareholders' equity | 15,019 | 13,875 | [Consolidated Statements of Cash Flows](index=17&type=section&id=6.3%20Consolidated%20Statements%20of%20Cash%20Flows) The consolidated statement of cash flows details the cash generated and used by Everest Group's operating, investing, and financing activities Consolidated Statements of Cash Flows | Metric | Six Months Ended June 30, 2025 (USD millions) | Six Months Ended June 30, 2024 (USD millions) | | :----------------------------------- | :-------------------------------------------- | :-------------------------------------------- | | Net cash provided by (used in) operating activities | 2,007 | 2,439 | | Net cash provided by (used in) investing activities | (1,014) | (2,016) | | Net cash provided by (used in) financing activities | (608) | (305) | | Net increase (decrease) in cash | 352 | 133 | | Cash, end of period | 1,902 | 1,570 |

Core Insights - Everest Group, Ltd. (EG) is anticipated to show revenue growth but a decline in earnings for Q2 2025, with revenues expected at $4.40 billion, reflecting a 4.1% increase year-over-year [1] - The consensus estimate for earnings per share is $15.14, indicating a 10.1% decline compared to the previous year [2] Revenue and Earnings Estimates - The Zacks Consensus Estimate for EG's second-quarter revenues is $4.40 billion, marking a 4.1% growth from the prior year [1] - The earnings estimate has decreased by 0.06% over the last 30 days, suggesting a year-over-year decline of 10.1% [2] Earnings Prediction Model - The model indicates a potential earnings beat for Everest Group, supported by a positive Earnings ESP of +0.85% and a Zacks Rank of 3 (Hold) [3][4] Segment Performance - The Reinsurance and Insurance segments are expected to drive premium growth, with net written premiums projected to rise 6.6% to $4.3 billion [5][11] - The Insurance segment is likely to see premiums earned increase by 0.6% to $915.1 million, while the Reinsurance segment is expected to improve by 12.6% to $3 billion [6][7] Investment Income and Underwriting Profitability - Net investment income is anticipated to be $475.6 million, slightly below the Zacks Consensus Estimate of $495 million, influenced by higher income from fixed maturity investments [8] - The combined ratio is expected to improve to 85.4, indicating enhanced underwriting profitability due to rate increases and exposure growth [9][11] Claims and Expenses - Total claims and expenses are projected to rise by 3.2% to $3.5 billion, driven by higher incurred losses and other underwriting expenses [12]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Everest Group 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 $15.14 per share, reflecting a year-over-year decrease of 10.2%, while revenues are projected to be $4.4 billion, an increase of 4.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.55% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP of +0.85% for Everest Group indicates a likelihood of beating the consensus EPS estimate, although the stock holds a Zacks Rank of 3 [11]. Historical Performance - In the last reported quarter, Everest Group's actual earnings of $6.45 per share fell short of the expected $7.46, resulting in a surprise of -13.54%. Over the last four quarters, the company has only beaten consensus EPS estimates once [12][13]. Market Reaction Factors - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment and stock performance [14].

Core Insights - Quantexa has been recognized as a Luminary in Everest Group's Innovation Watch report for its innovative use of generative AI in financial crime and compliance [1][3][5] - The company's Q Assist, a context-aware Agentic AI capability, enhances decision-making by providing instant access to connected insights and revealing hidden relationships in complex datasets [2][5][6] Company Developments - Q Assist has transitioned from pilot to production since its launch in 2024, demonstrating measurable impact in areas such as third-party investigations and real-time risk assessments [2][5] - Quantexa recently completed a $175 million Series F funding round, valuing the company at $2.6 billion, which will support its global growth and platform innovation [5] Industry Position - Quantexa's leadership in leveraging advanced AI technologies addresses the increasing complexity of financial crime compliance, with generative AI promising to automate labor-intensive tasks and detect anomalies in near real-time [3][4] - The Everest Group report indicates that 75% of providers are forming robust partnerships, with Quantexa leading through collaborations with major firms like Microsoft and Google [4] Performance Metrics - Quantexa's Decision Intelligence Platform offers over 90% more accuracy and 60 times faster analytical model resolution compared to traditional methods [8] - An independent Forrester TEI study reported that customers experienced a three-year ROI of 228% from using Quantexa's platform [8]

Group 1: Insider Transactions - Insider buys are closely monitored by investors as they provide insights into the long-term outlook of companies [1][6] - In 2025, CEOs of GameStop, MicroStrategy, and Everest Group have made significant share purchases [6] - Strict rules govern insider transactions, and insiders typically have longer holding periods than average investors [1][12] Group 2: GameStop - GameStop's CEO Ryan Cohen purchased 500,000 shares for approximately $10.7 million, despite the stock being down nearly 20% year-to-date [2] - Analysts have revised GameStop's EPS estimates upward, with the current Zacks Consensus EPS estimate at $0.75, a significant increase from $0.02 per share in June of the previous year [3] Group 3: MicroStrategy - MicroStrategy shares have risen nearly 34% in 2025, outperforming the S&P 500, largely due to the surge in bitcoin [5] - CEO Phong Le acquired 6,000 shares at a total value of around $510,000 [5] - The high volatility of MicroStrategy shares is influenced by fluctuations in bitcoin prices [8] Group 4: Everest Group - Everest Group, which provides reinsurance and insurance products, saw its CEO James Williamson purchase 1,000 shares for about $340,000 [9] - The company has demonstrated consistent sales growth over recent years [11]

Core Viewpoint - Everest Group, Ltd. (EG) shares are undervalued compared to the industry average, with a forward price to earnings ratio of 6.44X versus the industry average of 8.92X, indicating potential investment opportunity [1] Financial Performance - Everest Group has a market capitalization of $14.53 billion and an average trading volume of 0.4 million shares over the last three months [2] - The Zacks Consensus Estimate for Everest Group's 2025 earnings per share shows a year-over-year increase of 52.2%, with revenues projected at $17.58 billion, reflecting a 1.7% improvement [3] - Earnings have grown 21.4% over the past five years, surpassing the industry average of 10.1%, with a long-term earnings growth rate expected at 28.2% compared to the industry average of 12.8% [4] Analyst Sentiment - The Zacks Consensus Estimate for 2025 earnings has decreased by 0.6% in the past 30 days, while the estimate for 2026 has increased by 0.3% [5] Stock Performance - Shares of Everest Group have declined by 10.5% over the past year, underperforming the industry, Finance sector, and Zacks S&P 500 composite, which grew by 9.1%, 18.1%, and 8.8% respectively [6] Growth Drivers - Key growth drivers for Everest Group include global presence, product diversification, rate increases, and high retention rates, particularly in the Insurance segment [11] - The Reinsurance segment is expected to benefit from ongoing disruptions and evolution in the reinsurance market [11] - Net investment income is anticipated to improve due to higher income from fixed income portfolios and an improved interest rate environment [12] Capital Management - Everest Group maintains a strong capital position with a target long-term debt leverage ratio of 15-20% over three years, reflecting robust earnings capacity [8][13] - The company plans to continue share repurchases through 2025 and has approved a 14.3% increase in its quarterly dividend [14][16] Valuation and Target Price - The average price target from 12 analysts for Everest Group is $391.75 per share, indicating a potential upside of 16.1% from the last closing price [9] Conclusion - The combination of higher income from investments, product diversification, strong renewal retention, and prudent capital deployment positions Everest Group as a strong investment candidate [17]

Group 1 - Everest Group's shares have declined by 12% over the past year, indicating poor performance [1] - The company has faced challenges including disappointing underwriting results, management upheaval, and difficulties stemming from California wildfires [1] Group 2 - The article reflects a contrarian investment approach based on macro views and stock-specific turnaround stories [1]

Core Viewpoint - Everest Group, Ltd. (EG) shares are currently trading at a discount compared to the Zacks Multi-line Insurance industry, with a forward price-to-book value of 1.02X, significantly lower than the industry average of 2.46X, the Finance sector's 4.3X, and the Zacks S&P 500 Composite's 7.98X [1] Group 1: Financial Performance - Everest Group has a market capitalization of $14.48 billion, with an average trading volume of 0.4 million shares over the last three months [3] - The Zacks Consensus Estimate for Everest Group's 2025 earnings per share indicates a year-over-year increase of 53.9%, with revenues projected at $17.70 billion, reflecting a 2.4% year-over-year improvement [4] - Earnings have grown 21.4% over the past five years, outperforming the industry average of 10.3%, with a long-term earnings growth rate expected at 28.2%, compared to the industry average of 12.5% [5] Group 2: Analyst Sentiment - The Zacks Consensus Estimate for 2025 earnings has decreased by 3% in the past 30 days, while the estimate for 2026 has decreased by 1% during the same period [6] - Shares of Everest Group have lost 12.1% in the past year, underperforming the industry, Finance sector, and Zacks S&P 500 composite, which grew by 4.8%, 17.9%, and 10.9%, respectively [7][8] Group 3: Growth Drivers - Factors driving Everest Group's growth include global presence, product diversification, rate increases, and a high retention rate [11] - The Insurance segment is expected to benefit from an increase in property and short-tail business, as well as a rise in specialty casualty business [11] - Net investment income is anticipated to improve due to higher income from the fixed income portfolio, increased limited partnership income, and a favorable interest rate environment [12] Group 4: Capital Management - Everest Group maintains a strong capital position, with sufficient cash generation capabilities and a target long-term debt leverage ratio of 15-20% over the next three years [13] - The board approved a 14.3% increase in its quarterly dividend in May 2024, with a target total shareholder return on equity of over 17% from 2024 to 2026 [14] - The company plans to continue share repurchases throughout 2025, reflecting robust earnings power and disciplined capital management [14] Group 5: Investment Outlook - Higher income from the fixed income portfolio, product diversification, strong renewal retention, and a solid capital position make Everest Group a strong candidate for investment [15] - The stock has a VGM Score of B, indicating attractive value, growth, and momentum [15]