Everest Group Ltd reports results for the quarter ended December 31 - Earnings Summary

• Everest Group Ltd EG.N reported a quarterly adjusted loss of $18.39​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $11.87. The mean expectation of thirteen analysts for the quarter was for a loss of $15.60 per share. Wall Street expected results to range from $-20.37 to 12 cents per share.

• Revenue rose 7.3% to $3.93 billion from a year ago; analysts expected $3.92 billion.

• Everest Group Ltd's reported EPS for the quarter was a loss of $13.96​.

• The company reported a quarterly loss of $593 million.

• Everest Group Ltd shares had fallen by 4.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 228.4% in the last three months.​

• In the last 30 days, twelve analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the reinsurance peer group is also "buy"

Wall Street's median 12-month price target for Everest Group Ltd is $412.25

This summary was machine generated from LSEG data February 3 at 11:28 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)