Preview: WR Berkley's Earnings
Portfolio Pulse from Benzinga Insights
WR Berkley (NYSE:WRB) is set to release its latest quarterly earnings report on Monday, 2023-10-23. Analysts estimate an earnings per share (EPS) of $1.19. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $64.24, down 12.18% over the last 52-week period.
October 20, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
WR Berkley is expected to report an EPS of $1.19 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is currently down 12.18% over the last 52 weeks.
WR Berkley has a history of beating EPS estimates but this has not translated into a positive impact on the share price. Given the current negative trend in the stock's performance, it is likely that the upcoming earnings report could further pressure the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100