W. R. Berkley Corporation 475 Steamboat Road Greenwich, Connecticut 06830 (203) 629-3000 NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Karen A. Horvath Vice President - External Financial Communications (203) 629-3000 | | | | Fourth Quarter | | | Twelve Months | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | | 2024 | | 2023 | | Gross premiums written | | $ 3,497,284 | $ | 3,232,710 | $ | 14,211,090 | $ | 12,972,006 | | Net premiums written | | 2,936,750 | | 2,719,668 | | 11, ...

W. R. Berkley Corporation (NYSE: WRB ) is expected to release its Q4 2024 earnings in the coming days, which are likely to be slightly impacted by higher catastrophe losses, limiting its upside in the shortLabutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsi ...

Core Viewpoint - W.R. Berkley Corporation (WRB) is expected to report fourth-quarter 2024 earnings on January 27, with a history of earnings surprises in the last four quarters [1] Group 1: Earnings and Revenue Expectations - Gross premiums written in the Insurance segment are anticipated to reach $3.3 billion, reflecting a 2.3% increase from the previous year [2] - The Reinsurance & Monoline Excess segment's gross premiums written is projected to be $349.8 million, up 5.8% year-over-year [3] - The Zacks Consensus Estimate for fourth-quarter 2024 premiums earned is $2.97 billion, while the company's estimate is $2.92 billion, indicating a 7.4% increase from the prior year [3] - Total revenues are expected to rise to $3.5 billion, representing a 9.1% increase from the year-ago figure [5] Group 2: Investment Income and Expenses - Net investment income is estimated at $323.8 million, showing a significant increase of 27.9% from the previous year, driven by improved cash flows and higher yields [4] - Total expenses are projected to increase by 10.9% to $3 billion, influenced by higher losses, non-insurance business expenses, and investments in technology [6] Group 3: Profitability and Ratios - The combined ratio is expected to remain at 91, benefiting from prudent pricing and increased exposure, despite a deterioration of 19 basis points in the expense ratio [7] - Continued share buybacks are likely to support the bottom line, with the Zacks Consensus Estimate for earnings per share at 94 cents, a decrease of 3.1% from the previous year [8] Group 4: Earnings Prediction Model - The current Earnings ESP for W.R. Berkley is -1.77%, indicating that the Most Accurate Estimate of 92 cents is lower than the Zacks Consensus Estimate of 94 cents [10] - W.R. Berkley holds a Zacks Rank of 3, suggesting a neutral outlook for earnings performance [10]

Wall Street analysts expect W.R. Berkley (WRB) to post quarterly earnings of $0.94 per share in its upcoming report, which indicates a year-over-year decline of 3.1%. Revenues are expected to be $3.51 billion, up 9.1% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earn ...

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Company Overview - W.R. Berkley is expected to report quarterly earnings of $0.95 per share, reflecting a year-over-year decline of 2.1% [3] - Revenues are anticipated to reach $3.52 billion, which is a 9.4% increase from the previous year [3] Earnings Expectations - The earnings report is scheduled for January 27, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 0.19% higher in the last 30 days, indicating a slight bullish sentiment among analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP for W.R. Berkley is +0.38%, suggesting a likelihood of beating the consensus EPS estimate [11] - The company has a Zacks Rank of 3, indicating a hold position, which combined with the positive Earnings ESP suggests a potential earnings beat [11] Historical Performance - In the last reported quarter, W.R. Berkley had an earnings surprise of +1.09%, reporting $0.93 per share against an expectation of $0.92 [12] - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13] Industry Comparison - Travelers (TRV), a peer in the insurance industry, is expected to report earnings of $6.53 per share, down 6.9% year-over-year, with revenues projected at $11.93 billion, up 9.1% [17] - Travelers has an Earnings ESP of 8.12% and a Zacks Rank of 2, indicating a strong likelihood of surpassing consensus EPS estimates [18]

W. R. Berkley Corporation (WRB) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. Its share price, as of Jan. 10, 2025, was $56.70, down 13.4% from its 52-week high of $65.49.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend. WRB, one of the nation’s largest commercial lines property casualty insurance providers, ...

W.R. Berkley (WRB) has been beaten down lately with too much selling pressure. While the stock has lost 7.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator tha ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider W.R. Berkley (WRB) . This company, which is in the Zacks Insurance - Property and Casualty industry, shows potential for another earnings beat.When looking at the last two reports, this insurance company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.07%, on average, in the ...

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