Preview: WR Berkley's Earnings
Portfolio Pulse from Benzinga Insights
WR Berkley (NYSE:WRB) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $1.10. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $60.56, down 5.5% over the last 52-week period.
July 19, 2023 | 6:01 pm
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WR Berkley's upcoming earnings report could potentially impact its stock price, given the historical trend of share price drops following earnings reports.
Historically, WR Berkley's share price has dropped following earnings reports. Given that the company's stock is already down 5.5% over the last 52-week period, the upcoming earnings report could potentially lead to further price drops, especially if the company fails to meet the estimated EPS of $1.10.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100