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W.R. Berkley (WRB) Meets Q1 Earnings Estimates
W. R. BerkleyW. R. Berkley(US:WRB) ZACKSยท2025-04-21 22:30

Group 1: Earnings Performance - W.R. Berkley reported quarterly earnings of $1.01 per share, matching the Zacks Consensus Estimate, but down from $1.04 per share a year ago [1] - The company had previously exceeded earnings expectations, posting $1.13 per share against an expected $0.94, resulting in a surprise of 20.21% [1] - Over the last four quarters, W.R. Berkley has surpassed consensus EPS estimates three times [1] Group 2: Revenue Performance - The company posted revenues of $3.53 billion for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 2.22% and up from $3.23 billion year-over-year [2] - W.R. Berkley has also topped consensus revenue estimates three times over the last four quarters [2] Group 3: Stock Performance and Outlook - W.R. Berkley shares have increased approximately 17.6% since the beginning of the year, contrasting with the S&P 500's decline of -10.2% [3] - The future stock price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $1.05 on revenues of $3.55 billion, and for the current fiscal year, it is $4.28 on revenues of $14.32 billion [7] Group 4: Industry Context - The Insurance - Property and Casualty industry is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook [8] - Research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8]