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Analysts Estimate Markel Group (MKL) to Report a Decline in Earnings: What to Look Out for
Markel Markel (US:MKL) ZACKSยท2025-01-22 16:06

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Markel Group (MKL) despite an increase in revenues when it reports its results for the quarter ended December 2024 [1] Earnings Expectations - The consensus estimate for quarterly earnings is $19.54 per share, reflecting a significant year-over-year decrease of 65.4% [3] - Expected revenues are projected at $3.76 billion, which is an increase of 1.4% compared to the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not reassessed their initial estimates during this period [4] - The Most Accurate Estimate for Markel Group is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -10.30%, suggesting a bearish outlook from analysts [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from the consensus estimate, with positive readings being more reliable [7] - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 has shown a nearly 70% success rate in predicting earnings beats [8] Historical Performance - In the last reported quarter, Markel Group was expected to post earnings of $21.97 per share but only achieved $17.34, resulting in a surprise of -21.07% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Conclusion - Markel Group does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding this stock ahead of its earnings release [16]