Everest Group (EG) came out with quarterly earnings of $17.36 per share, beating the Zacks Consensus Estimate of $15.14 per share. This compares to earnings of $16.85 per share a year ago.
EG's Q2 results are likely to reflect higher earned premiums and higher income from fixed maturity investments, offset by higher expenses.
Everest Group (EG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors closely monitor insider buys, as they can give hints surrounding the long-term picture. And in 2025, CEOs have been diving in.
Everest Group's stock has underperformed due to past underwriting issues, reserve charges, and catastrophe losses, but management is aggressively repositioning the business. The company is shifting away from underperforming casualty lines, increasing conservatism in reserves, and focusing on more profitable segments, which should stabilize future results. Investment income remains strong due to higher rates, and the balance sheet is solid, supporting ongoing buybacks and a secure 2.4% dividend yield.
Everest Group (EG) reported earnings 30 days ago. What's next for the stock?
EG's Q1 results reflect catastrophe losses, stemming primarily from the California wildfires.
Everest Group, Ltd. (NYSE:EG ) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Matthew Rohrmann - Head of Investor Relations Jim Williamson - President and Chief Executive Officer Mark Kociancic - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Andersen - Jefferies Alex Scott - Barclays Gregory Peters - Raymond James Josh Shanker - Bank of America Meyer Shields - Keefe, Bruyette & Woods Elyse Greenspan - Wells Fargo David Motemaden - Evercore ISI Michael Zaremski - BMO Capital Markets Katie Sakys - Autonomous Research Brian Meredith - UBS Operator Good morning and welcome to the Everest Group, Ltd.
Although the revenue and EPS for Everest Group (EG) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Everest Group (EG) came out with quarterly earnings of $6.45 per share, missing the Zacks Consensus Estimate of $7.46 per share. This compares to earnings of $16.32 per share a year ago.
EG's Q1 results are likely to reflect higher earned premiums and strong core fixed income investment returns, offset by higher catastrophe losses.
Everest Group (EG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.