Should Arch Capital (ACGL) Be in Your Kitty Before Q1 Earnings?

Arch Capital Group Ltd. (ACGL) is set to report first-quarter 2024 earnings on Apr 29, after market close. The Zacks Consensus Estimate for first-quarter earnings per share is pegged at $1.96 on revenues of$3.8 billion. The top- and bottom-line estimates imply year-over-year improvements of 19.1% and 22%, respectively.Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. At present, Arch Capital has a ...