Earnings Preview: Everest Group (EG) Q4 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Everest Group despite higher revenues, with actual results being crucial for stock price movement [1][2]. Company Summary - Everest Group is expected to report a quarterly loss of $5.77 per share, reflecting a year-over-year change of -122.9$4.44 billion, which is an increase of 21.3% from the previous year [3]. - The consensus EPS estimate has been revised down by 7.56% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate for Everest Group is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -43.22% [10][11]. Earnings Surprise History - In the last reported quarter, Everest Group had an expected EPS of $11.91 but delivered$14.62, achieving a surprise of +22.75% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Context - In the Zacks Insurance - Multi line industry, The Hartford is expected to post earnings of $2.67 per share, indicating a year-over-year change of -12.8$4.77 billion, up 10.6% from the previous year [17]. - The consensus EPS estimate for The Hartford has been revised down by 0.5% over the last 30 days, resulting in an Earnings ESP of -3.21% [18].