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Verisk(VRSK) - 2024 Q4 - Earnings Call Presentation
2025-02-26 17:58
4Q 2024 Earnings Presentation February 26, 2025 ©Verisk Analytics, Inc. All rights reserved. 1 4Q 2024 Earnings Presentation Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures Forward-Looking Statements This release contains forward-looking statements about Verisk's future performance, including those related to our financial guidance. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that m ...
Verisk Analytics' Earnings & Revenues Surpass Estimates in Q4
ZACKS· 2025-02-26 17:30
Verisk Analytics Inc. (VRSK) reported impressive fourth-quarter 2024 results. Both earnings and revenues surpassed the Zacks Consensus Estimate.See the Zacks Earnings Calendar to stay ahead of market-making news.VRSK’s adjusted earnings (excluding 12 cents from non-recurring items) were $1.61 per share, surpassing the Zacks Consensus Estimate by 0.6% and growing 15% from the year-ago quarter. Total revenues of $735.6 million beat the consensus estimate marginally and increased 8.6% on a year-over-year basis ...
Verisk Analytics (VRSK) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-02-26 14:31
Verisk Analytics (VRSK) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.62%. A quarter ago, it was expected that this insurance data provider would post earnings of $1.60 per share when it actually produced earnings of $1.67, delivering a surprise of 4.38%.Over the last four quarter ...
Verisk(VRSK) - 2024 Q4 - Annual Report
2025-02-26 12:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34480 VERISK ANALYTICS, INC. (Registrant's telephone number, including area code) Securities registered pursuant to Section 12 ...
Verisk(VRSK) - 2024 Q4 - Annual Results
2025-02-26 12:21
Exhibit 99.1 Verisk Reports Fourth-Quarter 2024 and Full-Year 2024 Financial Results JERSEY CITY, N.J., February 26, 2025 — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced results for the fourth quarter and fiscal year ended December 31, 2024. Lee Shavel, president and CEO, Verisk: "Verisk delivered strong fourth quarter results capping off another year of strong top line growth and margin improvement. We enter 2025 with strong momentum and are energized by th ...
Verisk Reports Fourth-Quarter 2024 and Full-Year 2024 Financial Results
GlobeNewswire· 2025-02-26 12:15
Core Insights - Verisk reported strong financial results for Q4 2024, with significant growth in revenue and earnings, indicating robust operational performance and strategic client engagement [2][5][6]. Financial Performance - Q4 2024 revenues reached $736 million, reflecting an 8.6% increase compared to Q4 2023, while full-year revenues for 2024 totaled $2,882 million, up 7.5% [4][5]. - Income from continuing operations for Q4 2024 was $204 million, an increase of 11.6%, and for the full year, it was $951 million, up 23.7% [9][15]. - Adjusted EBITDA for Q4 2024 was $398 million, a 9.9% increase, with full-year adjusted EBITDA at $1,576 million, also up 9.9% [10][15]. - Diluted EPS for Q4 2024 was $1.44, up 15.2%, and for the full year, it was $6.66, reflecting a 27.6% increase [15][16]. Revenue Breakdown - Underwriting revenues for Q4 2024 were $512 million, up 6.8%, while claims revenues were $224 million, up 13.0% [8][13]. - For the full year, underwriting revenues totaled $2,025 million, a 7.0% increase, and claims revenues were $857 million, up 8.7% [8][13]. Cash Flow and Dividends - Net cash provided by operating activities for Q4 2024 was $255 million, a 1.2% increase, and free cash flow was $200 million, up 2.0% [16]. - The company announced a 15% increase in its dividend, raising it to $0.45 per share, reflecting confidence in its economic model [17]. Share Repurchase and Authorizations - Verisk executed an accelerated share repurchase program of $300 million in Q4 2024, receiving an initial delivery of 0.9 million shares [18]. - As of December 31, 2024, there was $592 million remaining under the share repurchase authorization, with an additional $1.0 billion approved by the Board of Directors [19]. 2025 Financial Guidance - The company provided guidance for 2025, projecting revenues between $3,030 million and $3,080 million, and adjusted EBITDA between $1,670 million and $1,720 million [23].
Verisk Set to Report Q4 Earnings: Here's What You Should Know
ZACKS· 2025-02-25 19:27
Core Insights - Verisk (VRSK) is set to release its fourth-quarter fiscal 2024 results on February 26, before market open [1] - The Zacks Consensus Estimate for revenues is $734 million, indicating an 8.4% increase year-over-year, driven by subscription revenue growth [3] - The consensus estimate for earnings per share (EPS) is $1.6, reflecting a 14.3% growth from the previous year [5] Revenue Breakdown - Estimated revenues from the United States are $603.5 million, representing an 8.1% year-over-year increase [4] - Estimated revenues from the U.K. are $53.2 million, indicating a 7% increase from the prior year [4] - Revenues from other countries are expected to grow 4.6% year-over-year to $72.5 million [4] Earnings Prediction - The model indicates that VRSK does not conclusively predict an earnings beat this time, with an Earnings ESP of +3.00% and a Zacks Rank of 4 (Sell) [6]
EagleView and Verisk Join Forces to Streamline Property Insurance Claims
Newsfilter· 2025-02-03 14:00
Core Insights - EagleView and Verisk have announced the integration of EagleView Assess into Verisk's Xactimate and XactAnalysis platforms for property claims management [1][2] Group 1: EagleView Assess Features - EagleView Assess utilizes autonomous drones to provide clear property imagery, precise measurements, AI-powered damage detection, and automated workflows to enhance insurance claims processing [2][3] - The integration allows for faster resolution of claims for policyholders, enabling easier scheduling of roof inspections and providing an objective record of damages [2][3] Group 2: Benefits for Insurance Carriers - The collaboration aims to address the challenges faced by insurance carriers, enhancing their ability to meet industry needs [3] - Verisk customers can request an "EagleView Assess Roof" through Xactimate and XactAnalysis, receiving 3D Roof Measurements and related documentation directly in their projects [3][4] Group 3: Verisk's Product Suite - Verisk's Xactware products support professionals in property insurance, remodeling, and restoration, focusing on accuracy, productivity, and efficiency in claims resolution [4][7] - The suite includes estimating software for various devices and online systems for real-time data tracking and replacement-cost calculations [4][7] Group 4: Company Backgrounds - EagleView is recognized for its extensive imagery library covering over 94% of the U.S. population and holds more than 300 patents in geospatial technology [6] - Verisk is a strategic partner to the global insurance industry, enhancing operational efficiency and improving underwriting and claims outcomes through advanced data analytics [7][8]
Will Verisk (VRSK) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-29 18:11
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].
Verisk to Announce Fiscal Fourth-Quarter 2024 and Full-Year 2024 Results on February 26, 2025
GlobeNewswire· 2025-01-28 21:15
Core Points - Verisk will report its financial results for Q4 and fiscal year 2024 on February 26, 2025, before market open [1] - A live audio webcast will be held on February 26 at 8:30 a.m. ET to discuss the financial results and business highlights [2] - A replay of the webcast will be available for 30 days following the event [3] Company Overview - Verisk is a leading strategic data analytics and technology partner to the global insurance industry, focusing on improving operational efficiency, underwriting, claims outcomes, and combating fraud [4] - The company utilizes advanced data analytics, software, scientific research, and deep industry knowledge to help clients make informed decisions regarding global risks [4] - Verisk operates in over 20 countries and has been recognized for its inclusive workplace culture [4]