Everest Group, Ltd. (EG) has been gaining momentum on the back of product diversification, higher income from the fixed income portfolio, favorable estimates, strong renewal retention, prudent capital deployment and a solid capital position. Growth Projections The Zacks Consensus Estimate for Everest Group's 2024 revenues is pegged at $17.57 billion, implying a yearover-year improvement of 20.2%. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 11.3% and 11%, respecti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q X Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST GROUP, LTD. (Exact name of registrant as specified in its charter) Bermuda 98-0365432 (State or other jurisdiction of incorporation or organization) ...

Everest Group, Ltd. (NYSE:EG) Q1 2024 Results Conference Call April 30, 2024 8:00 AM ET Company Participants Matt Rohrmann - Head, IR Juan Andrade - President, CEO Mark Kociancic - EVP, CFO Jim Williamson - EVP, COO Conference Call Participants David Motemaden - Evercore ISI Brian Meredith - UBS Michael Zaremski - BMO Josh Shanker - Bank of America Elyse Greenspan - Wells Fargo Gregory Peters - Raymond James Jian Huang - Morgan Stanley Operator Good morning, everyone, and welcome to the Everest Group Limite ...

Everest Group, Ltd.’s (EG) first-quarter 2024 operating income of $16.32 per share beat the Zacks Consensus Estimate by 2.1%. The bottom line jumped 44.3% year over year.Everest Group witnessed higher premiums across its reinsurance and insurance businesses, improved net investment income and record underwriting income. Higher expenses partially offset the upside.Operational UpdateEverest Group’s total operating revenues of $4.14 billion climbed 26% year over year on higher premiums earned and net investmen ...

Everest Group (EG) reported $4.13 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 26%. EPS of $16.32 for the same period compares to $11.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.2 billion, representing a surprise of -1.57%. The company delivered an EPS surprise of +2.13%, with the consensus EPS estimate being $15.98.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Everest Group (EG) came out with quarterly earnings of $16.32 per share, beating the Zacks Consensus Estimate of $15.98 per share. This compares to earnings of $11.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.13%. A quarter ago, it was expected that this reinsurance company would post earnings of $14.63 per share when it actually produced earnings of $25.18, delivering a surprise of 72.11%.Over the last four quarters, ...

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 Everest Reports First Quarter 2024 Results Net Income of $733 million and Operating Income of $709 million TSR of 18.1%; 20.6% Net Income ROE and 20.0% Operating Income ROE 1 88.8% Combined Ratio Resulting in Record Underwriting Income of $409 million HAMILTON, Bermuda – (BUSINE ...

Everest Re Group (EG) is slated to report first-quarter 2024 earnings on Apr 29, after market close. The Zacks Consensus Estimate for first-quarter earnings per share is pegged at $16.03 on revenues of $4.2 billion. The top and bottom-line estimates imply year-over-year improvements of 1.7% and 28%, respectively.Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings.At present, Everest Re has an Earnings ...

The upcoming report from Everest Group (EG) is expected to reveal quarterly earnings of $16.03 per share, indicating an increase of 41.7% compared to the year-ago period. Analysts forecast revenues of $4.2 billion, representing an increase of 28% year over year.The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to ...

Everest Group, Ltd.’s (EG) product diversification, higher income from the fixed income portfolio, favorable estimates, strong renewal retention, prudent capital deployment and a solid capital position make it worth retaining in one’s portfolio.Growth ProjectionsThe consensus estimate for Everest Group’s 2025 earnings per share indicates a year-over-year increase of 10.1% from the consensus estimate of 2024. The consensus estimate for 2025 revenues is pinned at $19.27 billion, implying a year-over-year impr ...