Verisk Analytics Analysts Cut Their Forecasts After Q3 Results

Core Insights - Verisk Analytics reported mixed third-quarter financial results, with earnings per share of $1.72 beating the consensus estimate of $1.70, but quarterly sales of $768.3 million missing the estimate of $776.094 million [1] - The company cut its FY2025 sales guidance from a range of $3.090 billion-$3.130 billion to $3.050 billion-$3.080 billion while affirming adjusted EPS guidance of $6.80 to $7.00 [2] - CEO Lee Shavel expressed confidence in the company's alignment with long-term growth targets and highlighted ongoing strategic engagements that are expanding client partnerships [3] Financial Performance - Quarterly earnings per share: $1.72, exceeding analyst expectations of $1.70 [1] - Quarterly sales: $768.3 million, falling short of the consensus estimate of $776.094 million [1] - FY2025 adjusted EPS guidance: $6.80 to $7.00 [2] - FY2025 sales guidance revised to $3.050 billion-$3.080 billion from $3.090 billion-$3.130 billion [2] Analyst Ratings and Price Targets - Barclays upgraded Verisk from Equal-Weight to Overweight, lowering the price target from $310 to $275 [6] - Wells Fargo maintained an Overweight rating, reducing the price target from $334 to $300 [6] - Goldman Sachs kept a Neutral rating, decreasing the price target from $315 to $239 [6] - RBC Capital maintained an Outperform rating, lowering the price target from $314 to $250 [6] - Evercore ISI Group maintained an In-Line rating, reducing the price target from $262 to $250 [6]