Core Viewpoint - Verisk Analytics (VRSK) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Company Performance - Verisk has a strong track record of surpassing earnings estimates, particularly in the last two quarters, with an average surprise of 5.56% [2]. - In the last reported quarter, Verisk achieved earnings of $1.67 per share, exceeding the Zacks Consensus Estimate of $1.60 per share, resulting in a surprise of 4.38% [3]. - In the previous quarter, the company was expected to earn $1.63 per share but delivered $1.74 per share, yielding a surprise of 6.75% [3]. Earnings Estimates - Recent earnings estimates for Verisk have been revised upward, indicating positive sentiment among analysts [4]. - The Zacks Earnings ESP for Verisk is currently positive at +3%, suggesting increased bullishness regarding its near-term earnings potential [7]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong likelihood of another earnings beat [5][7]. Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have historically produced positive surprises nearly 70% of the time [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions prior to earnings releases [6]. Upcoming Earnings Report - Verisk's next earnings report is anticipated to be released on February 26, 2025 [7].

JERSEY CITY, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fourth quarter and fiscal year ended December 31, 2024, on Wednesday, February 26, 2025, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com. Verisk’s management team will host a live audio webcast to discuss the financial result ...

Core Insights - Cargo theft losses in the U.S. are projected to increase by 25 percent in 2024 compared to 2023, which already saw record-high incidents [1] - Verisk has launched the CargoNet RouteScore API to help minimize cargo theft risk through advanced data-driven risk scoring [1][2] CargoNet RouteScore API - The RouteScore API generates a cargo theft route risk score ranging from 1 to 100, with 1 indicating the lowest likelihood of theft [3] - The scoring model considers factors such as cargo type, value, length of haul, origin, destination, day of the week, and theft history of truck stops [3] - The API also identifies the riskiest truck stops along a route, providing actionable insights for risk management [3][4] Industry Impact - The RouteScore API empowers companies to proactively protect their cargo, with high-risk scores prompting additional security measures [4] - Users can align high-risk lanes with top-tier carriers to ensure optimal security practices are in place [5] - The solution is available in an API format, allowing integration with third-party Transportation Management Systems and other platforms [5]

Background Information - Robert F Abbott has been managing his family's investment accounts since 1995 and incorporated options trading, primarily covered calls and collars with long stocks, starting in 2010 [1] - He holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1] - Robert is a freelance writer and operates a website aimed at providing information for new and intermediate-level mutual fund investors [1] Disclosure Information - The analyst has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with any mentioned companies [2] - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations or advice [3] - Seeking Alpha analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [3]

Core Insights - Verisk estimates that insured industry losses from the Palisades and Eaton fires will range between USD 28 billion and USD 35 billion, including losses to the California Fair Plan [1][2] - The Palisades fire is expected to account for losses between USD 20 billion and USD 25 billion, while the Eaton fire is estimated to cause losses between USD 8 billion and USD 10 billion, primarily affecting residential properties [2][3] Company and Industry Analysis - Verisk is advancing science and risk management to enhance community resilience against catastrophic wildfires, with a focus on data and insights to support mitigation efforts [3] - The areas impacted by the Palisades fire include high-value properties, with policyholders facing significant exposure to luxury goods [3] - The demand surge analysis utilized historical construction cost data for Los Angeles and Santa Barbara counties, indicating that rebuilding efforts will incur substantial costs due to the number of destroyed structures [4] - The loss estimates encompass residential, commercial, and industrial properties, as well as automobiles, factoring in demand surge, debris removal, and insured take-up rates [5] - Verisk has initiated a review of its U.S. Wildfire Model as part of California's Sustainable Insurance Strategy, aiming to enhance insights into natural disaster risks and improve insurance availability [5][6] - The use of catastrophe models in California is expected to provide better risk insights for consumers, insurers, and regulators [6] - Verisk is recognized as a leading data analytics and technology partner for the global insurance industry, focusing on improving operational efficiency and risk management [7]

Core Insights - The California Department of Insurance has introduced regulations allowing the use of forward-looking catastrophe models to enhance property insurance availability, with Verisk being the first to submit a wildfire catastrophe model for review [1][2] Group 1: Regulatory Changes - The new regulation is part of California Insurance Commissioner Ricardo Lara's Sustainable Insurance Strategy, aimed at improving the resilience of the property insurance market [1] - The regulation went into effect on January 2, 2025, enabling insurers to utilize catastrophe models for assessing catastrophic risks [1] Group 2: Verisk's Role - Verisk, a leader in catastrophe modeling since 1987, has submitted its wildfire model, which incorporates extensive knowledge of wildfire hazards and vulnerabilities, particularly relevant to California, which experienced over 391,000 acres burned in wildfires in 2023 [2] - The submission by Verisk is expected to enhance insights into natural disaster risks, thereby increasing insurance availability and supporting the stability of California's property insurance market [2] Group 3: Market Impact - The initiative aims to create a more stable, competitive, and resilient property insurance market by fostering collaboration between insurers, modeling firms, and the California Department of Insurance [2] - The use of catastrophe models in rate filings will allow insurers to accurately assess and reflect wildfire risks faced by homeowners and businesses in California [2] Group 4: Model Integrity and Compliance - The newly established pre-application required information determination (PRID) process will enable the California Department of Insurance to examine model integrity and ensure compliance with Proposition 103 [2] - Verisk's modeling has a strong history of regulatory acceptance across the United States, reinforcing its credibility in the market [2]

Verisk Analytics, Inc. (VRSK) has had an impressive run year to date. The stock has gained 21%, outperforming the 17% rally of the industry it belongs to.What’s Behind VRSK’s RallyVerisk posted better-than-expected earnings performance in the past three quarters, driven by strong growth in underwriting & rating and claims.Verisk’s decision to transition its business model from transactions to subscriptions favors its recurring revenues.Since the market trends give a higher valuation to SaaS companies, there ...

BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Lockton Re, a leading global reinsurance broker, has announced a strategic collaboration with Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, to bring new (re)insurance products to the market. Lockton Re will use Verisk’s agricultural risk modeling solutions – including Verisk's Multiple Peril Crop Insurance (MPCI) and Crop Hail Model for the U.S. – to understand how climate change and meteorological factors are impacting crop product ...

Verisk Analytics, Inc. (VRSK) has had a decent run in the year-to-date period. The company’s shares have gained 18.1% compared with the 14.3% rally of its industry.YTD Price PerformanceImage Source: Zacks Investment ResearchVRSK has reported impressive third-quarter 2024 results. Adjusted earnings (excluding 13 cents from non-recurring items) were $1.7 per share, surpassing the Zacks Consensus Estimate by 4.4% and growing 9.9% from the year-ago quarter. Total revenues of $725.3 million beat the consensus es ...

My recommendation for Verisk Analytics (NASDAQ: VRSK ) is a hold rating. I have a positive view for VRSK near-term growth, where I expect growth to accelerate in FY24 and FY25, which is supported by multiple I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, ...