Earnings Preview: Selective Insurance Gr
Portfolio Pulse from Benzinga Insights
Selective Insurance Gr (NASDAQ:SIGI) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $1.65. The company previously missed EPS by $2.58, leading to an 18.18% drop in share price. Investors are keen on the upcoming guidance, which can significantly impact stock prices.
October 18, 2024 | 6:21 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Selective Insurance Gr is expected to announce its quarterly earnings with an anticipated EPS of $1.65. The previous quarter's miss led to a significant drop in share price, highlighting the importance of meeting or exceeding expectations this time.
The upcoming earnings report is crucial for SIGI as the last miss led to a significant drop in share price. Meeting or exceeding the expected EPS of $1.65 could stabilize or boost the stock, while another miss could lead to further declines. The market is particularly interested in the guidance provided, which can drive stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100