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.
Everest Group remains poised to gain from strong renewal retention, continued favorable rate increases and prudent capital deployment.
Everest Group (EG) reported earnings 30 days ago. What's next for the stock?
Everest Group, Ltd. (NYSE:EG ) Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Matthew Rohrmann - Senior Vice President & Head of Investor Relations Jim Williamson - President & Chief Executive Officer Mark Kociancic - Executive Vice President & Chief Financial Officer Conference Call Participants Gregory Peters - Raymond James Meyer Shields - Keefe, Bruyette & Woods Josh Shanker - Bank of America Alex Scott - Barclays David Motemaden - Evercore ISI Brian Meredith - UBS Elyse Greenspan - Wells Fargo Securities Wes Carmichael - Autonomous Research Operator Good day and welcome to the Everest Group Limited Fourth Quarter 2024 Earnings Conference Call.
EG's Q4 results reflect higher premiums in the reinsurance segment and improved investment income, partially offset by higher expenses and underwriting loss.
The headline numbers for Everest Group (EG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Everest Group (EG) came out with a quarterly loss of $18.39 per share versus the Zacks Consensus Estimate of a loss of $16.65. This compares to earnings of $25.18 per share a year ago.