RenaissanceRe (RNR) Q3 Earnings Beat Estimates

Core Insights - RenaissanceRe (RNR) reported quarterly earnings of $15.62 per share, significantly exceeding the Zacks Consensus Estimate of $9.49 per share, marking an earnings surprise of +64.59% [1] - The company posted revenues of $2.87 billion for the quarter ended September 2025, which fell short of the Zacks Consensus Estimate by 3.67% and decreased from $3.01 billion year-over-year [2] - RenaissanceRe has surpassed consensus EPS estimates three times over the last four quarters, but has only topped revenue estimates once in the same period [2] Earnings Performance - The earnings report indicates a strong performance in terms of EPS, with a year-over-year increase from $10.23 to $15.62 per share [1] - The company had previously reported earnings of $12.29 per share against an expectation of $10.28, resulting in a surprise of +19.55% [1] Stock Performance and Outlook - RenaissanceRe shares have declined approximately 2.6% since the beginning of the year, contrasting with the S&P 500's gain of 16.9% [3] - The company's current Zacks Rank is 3 (Hold), suggesting that shares are expected to perform in line with the market in the near future [6] Future Earnings Expectations - The current consensus EPS estimate for the upcoming quarter is $7.34 on revenues of $2.92 billion, while the estimate for the current fiscal year is $28.11 on revenues of $11.87 billion [7] - The outlook for the industry, particularly the Insurance - Property and Casualty sector, is favorable, ranking in the top 14% of over 250 Zacks industries [8] Industry Context - The Insurance - Property and Casualty industry has shown strong performance, with the top 50% of Zacks-ranked industries outperforming the bottom 50% by a factor of more than 2 to 1 [8] - Berkshire Hathaway B (BRK.B), a competitor in the same industry, is expected to report quarterly earnings of $4.70 per share, reflecting a year-over-year change of +0.4% [9]