Markel Group Q3 EPS $66.25 Beats $21.43 Estimate, Sales $4.61B Beat $3.81B Estimate
Portfolio Pulse from Benzinga Newsdesk
Markel Group (NYSE:MKL) reported Q3 earnings per share of $66.25, significantly surpassing the analyst estimate of $21.43, marking a 2009.87% increase from last year. Sales also exceeded expectations at $4.61 billion, a 36.63% increase from the previous year.
October 30, 2024 | 8:41 pm
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Markel Group's Q3 earnings per share of $66.25 beat estimates by 209.15%, with a 2009.87% increase from last year. Sales of $4.61 billion also exceeded expectations, growing 36.63% year-over-year.
The significant beat on both EPS and sales estimates, along with the substantial year-over-year growth, is likely to positively impact Markel Group's stock price in the short term. The market typically reacts favorably to such strong earnings performance.
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