Markel's (MKL) Q4 Earnings Beat, Revenues Lag Estimates
Markel Group Inc. (MKL) reported fourth-quarter 2023 net operating earnings per share of $56.48, which beat the Zacks Consensus Estimate by 139.5%. The bottom line more than doubled year over year.Markel witnessed improved earned premiums and increased net investment income.Quarterly Operational Update Total operating revenues of $3.7 billion missed the Zacks Consensus Estimate by 1.1%. The top line rose 2.7% year over year.Net investment income increased 46.9% year over year to $213 million in the four ...