Everest Group Q1 Earnings Miss on Higher Catastrophe Losses

Everest Group (EG) reported first-quarter 2025 operating income of $6.45 per share, which missed the Zacks Consensus Estimate by 13.5%. The bottom line dropped 60.5% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Everest Group suffered due to catastrophe losses, stemming primarily from the California wildfires. Operational UpdateEverest Group’s total operating revenues of nearly$ 4.3 billion increased 3.1% year over year on higher premiums earned and net investme ...