Everest Group (EG) Reports Q4 Loss, Tops Revenue Estimates
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Everest Group (EG) reported a Q4 loss of $18.39 per share, which was larger than the Zacks Consensus Estimate of a $16.65 loss. This is a significant decline from the $25.18 earnings per share reported a year ago. However, the company exceeded revenue expectations.
February 04, 2025 | 12:45 am
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Everest Group reported a larger-than-expected Q4 loss of $18.39 per share, missing the Zacks Consensus Estimate. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact investor sentiment and the stock price in the short term. However, exceeding revenue expectations may mitigate some of the negative impact.
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