RenaissanceRe (RNR) Q3 Earnings and Revenues Top Estimates

分组1 - RenaissanceRe reported quarterly earnings of $10.23 per share, exceeding the Zacks Consensus Estimate of $7.89 per share, and up from $8.33 per share a year ago, representing an earnings surprise of 29.66% [1] - The company achieved revenues of $3.01 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.68%, compared to $2.06 billion in the same quarter last year [2] - RenaissanceRe has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has increased approximately 37.4% since the beginning of the year, outperforming the S&P 500's gain of 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $9.27, with expected revenues of $2.92 billion, and for the current fiscal year, the EPS estimate is $39.96 on revenues of $11.6 billion [7] - The Zacks Industry Rank for Insurance - Property and Casualty is in the top 20% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]