Compared to Estimates, Selective Insurance (SIGI) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, Selective Insurance (SIGI) reported revenue of $1.19 billion, up 14.2% over the same period last year. EPS came in at -$1.10, compared to $0.99 in the year-ago quarter. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Underwriting expense ratio: 30.3% versus 31.4% estimated by four analysts on average. Combined ratio: 116.1% vers ...