Earnings Preview: What to Expect From Everest Group’s Report

Core Insights - Everest Group, Ltd. (EG) is valued at a market cap of $15.1 billion and operates as a leading global reinsurance and insurance provider, offering a wide range of products across various regions [1] Financial Performance - EG is expected to announce its fiscal Q3 2025 earnings results on October 29, with analysts predicting an adjusted earnings of $9.13 per share, a decrease of nearly 37.6% from $14.62 per share in the same quarter last year [2] - For fiscal 2025, analysts forecast an adjusted EPS of $45.52, representing a 52.6% increase from $29.83 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, EG stock has declined nearly 9.6%, underperforming the S&P 500 Index, which rose by 16.3%, and the Financial Select Sector SPDR Fund, which increased by 16.5% [4] - On October 9, EG shares fell by 2.3% after Wells Fargo analyst Elyse Greenspan reaffirmed a "Hold" rating with a price target of $383 [5] - The consensus among analysts is cautiously optimistic, with a "Moderate Buy" rating; among 18 analysts, five recommend "Strong Buy," two "Moderate Buy," nine suggest "Hold," and two have a "Strong Sell" rating [5] - The average analyst price target of $382.88 indicates a premium of 8.8% from current market prices [5]