Profile
Sector:
Financial ServicesIndustry:
Insurance - Property & CasualtyCountry:
United StatesIPO:
23 October 1973Website:
http://www.berkley.comNext earnings report:
24 January 2025Last dividends:
23 September 2024Next dividends:
N/APrice
after hours | Wed, 20 Nov 2024 22:59:43 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
WRB Latest News
W.R. Berkley (WRB) shared its earnings report 30 days ago. What can we expect for the stock moving forward?
W.R. Berkley shares increased by 27% in the last year but fell by 7% after the third quarter results, so I recommend holding onto them because of their valuation. The Q3 results were strong, even with higher losses from disasters, as net written premiums grew to $3.06 billion due to rising premiums. Higher interest rates also helped net investment income rise by 19%, and WRB's cautious fixed income portfolio has a solid average credit quality of AA-.
W. R. Berkley Corporation (WRB) announced on Monday that its earnings for the third quarter were higher than anticipated.
W.R. Berkley's earnings for the third quarter show that they are still doing well with both underwriting and investment income.
W. R. Berkley Corporation (NYSE:WRB) will hold its Q3 2024 Earnings Conference Call on October 21, 2024, at 5:00 PM ET. The call will feature company leaders, including President & CEO Rob Berkley and Executive Chairman Bill Berkley, along with various financial analysts from major firms. The operator will welcome participants to the call.
The main figures for W.R. Berkley (WRB) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
W.R. Berkley (WRB) reported quarterly earnings of $0.93 per share, which is higher than the Zacks Consensus Estimate of $0.92 per share. This is an increase compared to last year's earnings of $0.90 per share.
To better understand how W.R. Berkley (WRB) might perform in the quarter ending September 2024, look beyond Wall Street's basic profit and loss predictions. Instead, focus on the forecasts for some of its important metrics. This will give you a clearer picture of the company's potential performance.
W.R. Berkley (WRB) lacks the right mix of the two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
What type of business is W R Berkley?
W. R. Berkley Corporation, an insurance holding company, engages in commercial activities in the United States and abroad, and is among the largest commercial companies in the United States. The company was founded in 1967, with its headquarters located in Greenwich, Connecticut. The insurance segment provides commercial insurance, including operations with premises, commercial vehicles, property, product liability, and professional liability. The reinsurance and franchise segment provides assistance to other insurance companies and self-insurers in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance.
What sector is W R Berkley in?
W R Berkley is in the Financial Services sector
What industry is W R Berkley in?
W R Berkley is in the Insurance - Property & Casualty industry
What country is W R Berkley from?
W R Berkley is headquartered in United States
When did W R Berkley go public?
W R Berkley initial public offering (IPO) was on 23 October 1973
What is W R Berkley website?
https://www.berkley.com
Is W R Berkley in the S&P 500?
Yes, W R Berkley is included in the S&P 500 index
Is W R Berkley in the NASDAQ 100?
No, W R Berkley is not included in the NASDAQ 100 index
Is W R Berkley in the Dow Jones?
No, W R Berkley is not included in the Dow Jones index
When was W R Berkley the previous earnings report?
No data
When does W R Berkley earnings report?
The next expected earnings date for W R Berkley is 24 January 2025