Markel Group Inc. (NYSE:MKL) Q3 2024 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Tom Gayner - Chief Executive Officer Brian Costanzo - Chief Financial Officer Jeremy Noble - President, Insurance Operations Conference Call Participants Andrew Anderson - Jefferies Andrew Kligerman - TD Cowen Mark Hughes - Truist Scott Heleniak - RBC Operator Good morning, and welcome to the Markel Group Third Quarter 2024 Conference Call. [Operator Instructions] During the call today, we may make ...

Markel Group Inc. (MKL) reported third-quarter 2024 net operating earnings per share of $17.34, which missed the Zacks Consensus Estimate by 21%. However, the bottom line increased 4.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Markel’s third-quarter results reflected improved net investment income, reduced operating expenses and more favorable development on prior accident years loss reserves, offset by lower earned premiums.Quarterly Operational Update   Total ...

For the quarter ended September 2024, Markel Group (MKL) reported revenue of $3.69 billion, up 1.5% over the same period last year. EPS came in at $17.34, compared to $16.56 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.74 billion, representing a surprise of -1.28%. The company delivered an EPS surprise of -21.07%, with the consensus EPS estimate being $21.97. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Markel Group (MKL) came out with quarterly earnings of $17.34 per share, missing the Zacks Consensus Estimate of $21.97 per share. This compares to earnings of $16.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -21.07%. A quarter ago, it was expected that this insurer would post earnings of $20.76 per share when it actually produced earnings of $25.95, delivering a surprise of 25%. Over the last four quarters, the company ...

RICHMOND, Va., Oct. 30, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the third quarter of 2024. The Company also announced today it filed its Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission. Markel Group aspires to build one of the world's great companies and deploys three financial engines in pursuit of this goal: Insurance, Investments and Markel Ventures. "We've consistently emphasized the value of our family of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q ______________________________________________________________________________________ ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _____ ...

The upcoming report from Markel Group (MKL) is expected to reveal quarterly earnings of $21.97 per share, indicating an increase of 32.7% compared to the year-ago period. Analysts forecast revenues of $3.74 billion, representing an increase of 2.8% year over year.The consensus EPS estimate for the quarter has been revised 2.1% 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.Before ...

RICHMOND, Va., Oct. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jim Hinchley has been named Chief Retail Officer for Markel's Specialty division. In this role, he will be responsible for leading Markel's overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel.Jim Hinchley, Chief Retail Officer"We are excited to welcome Jim to Markel to oversee the s ...

Markel Group (MKL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Indiv ...

With this new offering, that expands VOOM's innovative motorcycle insurance offering, e-bike and other bicycle owners will pay get a flexible and comprehensive insurance coverage PALO ALTO, Calif., Oct. 14, 2024 /PRNewswire/ -- VOOM Insurance, the leading InsurTech company for the future of mobility, announced today that it has launched its insurance offering for Electric Bikes. The product is underwritten by Markel Group. This new product builds on VOOM's successful track record in usage-based insurance fo ...