Selective Insurance Gr Q3 Sales $1.24B Beat $1.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Selective Insurance Group reported Q3 sales of $1.24 billion, surpassing the analyst estimate of $1.17 billion and marking a 17.58% increase from the previous year.
October 21, 2024 | 8:19 pm
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POSITIVE IMPACT
Selective Insurance Group's Q3 sales of $1.24 billion exceeded expectations, showing a strong 17.58% year-over-year growth.
The company's sales performance exceeded analyst expectations by 5.89%, indicating strong business momentum. This positive earnings surprise is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100