WR Berkley Q3 2024 Adj. EPS $0.93 Beats $0.92 Estimate, Sales $3.400B Miss $3.444B Estimate
Portfolio Pulse from Benzinga Newsdesk
WR Berkley reported Q3 2024 earnings per share of $0.93, slightly beating the estimate of $0.92. However, sales of $3.400 billion missed the expected $3.444 billion, despite a 12.19% increase from last year.
October 21, 2024 | 8:12 pm
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WR Berkley's Q3 2024 earnings per share of $0.93 slightly exceeded expectations, but sales of $3.400 billion fell short of estimates. Despite the sales miss, there was a significant year-over-year sales increase of 12.19%.
The slight EPS beat is positive, but the sales miss could offset this in the short term. The significant YoY sales growth is a positive indicator, but the market may focus on the sales miss against expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100