Selective Insurance (SIGI) Lags Q4 Earnings and Revenue Estimates

Core Viewpoint - Selective Insurance reported quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.98 per share, representing an earnings surprise of -18.18% [1][2] Financial Performance - The company posted revenues of $1.26 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.99%, compared to year-ago revenues of $1.11 billion [2] - Over the last four quarters, Selective Insurance has not surpassed consensus EPS or revenue estimates [2] Stock Performance - Selective Insurance shares have increased by approximately 1.8% since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The current Zacks Rank for Selective Insurance is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $1.97 on revenues of $1.3 billion, and for the current fiscal year, it is $7.84 on revenues of $5.36 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable [6] Industry Context - The Insurance - Property and Casualty industry is currently in the bottom 44% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions [5]