JHVEPhoto Shares of the Everest Group (NYSE:EG) are up moderately over the past year, though they have largely been rangebound between $360 and $400, even as the company has benefitted from a quiet catastrophe environment. I last covered Everest Group in May, rating shares a hold, as I needed to see more evidence of underwriting progress. Since that article, the stock is up 4%, lagging the market's 7% gain. In a benign hurricane season, I saw upside to $400, which we are now approaching as we enter the hear ...

Everest Group (EG) reported $4.23 billion in revenue for the quarter ended June 2024, representing a year-overyear increase of 15.9%. EPS of $16.85 for the same period compares to $15.21 a year ago. The reported revenue represents a surprise of -3.58% over the Zacks Consensus Estimate of $4.38 billion. With the consensus EPS estimate being $16.97, the EPS surprise was -0.71%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

NEWS RELEASE EVEREST GROUP, LTD. th Seon place, 141 Front Street, 4 Floor, Hamilton HM 19, Bermuda Contacts Media: Dawn Lauer Investors: Matt Rohrmann Chief Communications Officer Head of Investor Relations 908.300.7670 908.604.7343 Everest Reports Second Quarter 2024 Results Net Income of $724 million and Operating Income of $730 million Operating Income ROE of 19.7% and TSR of 20.0% $358 million of Underwriting Income and Combined Ratio of 90.3% 1 HAMILTON, Bermuda – (BUSINESS WIRE) – July 31, 2024 – Ever ...

Everest Group, Ltd. (EG) is slated to report second-quarter 2024 earnings on Jul 31, after market close. The insurer delivered an earnings surprise in each of the last four quarters, the average being 37.54%. Factors to Consider Premium growth is likely to have been driven by the solid performance of its Reinsurance segment, rate increases, exposure growth and strong underwriting. We expect net written premium to increase 28.2% to $4.7 billion in the second quarter. The Insurance segment is likely to have b ...

For the most recent quarter, Everest Group was expected to post earnings of $15.98 per share, but it reported $16.32 per share instead, representing a surprise of 2.13%. For the previous quarter, the consensus estimate was $14.63 per share, while it actually produced $25.18 per share, a surprise of 72.11%. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stock ...

Everest Group, Ltd.'s (EG) product diversification, higher income from the fixed income portfolio, favorable estimates, strong renewal retention, prudent capital deployment and a solid capital position make it worth retaining in one's portfolio. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 11.3% and 11.5%, respectively, from the corresponding 2024 estimates. The Zacks Consensus Estimate for EG's 2024 and 2025 earnings has moved north 0.01% and 0.1% north, respecti ...

A month has gone by since the last earnings report for Everest Group (EG) . Shares have added about 6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Everest Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Everest Group Q1 Earnings Surpass, Revenues Rise Y/Y ...

Everest Group, Ltd. (EG) has been gaining momentum on the back of product diversification, higher income from the fixed income portfolio, favorable estimates, strong renewal retention, prudent capital deployment and a solid capital position. Growth Projections The Zacks Consensus Estimate for Everest Group's 2024 revenues is pegged at $17.57 billion, implying a yearover-year improvement of 20.2%. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 11.3% and 11%, respecti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q X Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 1-15731 EVEREST GROUP, LTD. (Exact name of registrant as specified in its charter) Bermuda 98-0365432 (State or other jurisdiction of incorporation or organization) ...

Everest Group, Ltd. (NYSE:EG) Q1 2024 Results Conference Call April 30, 2024 8:00 AM ET Company Participants Matt Rohrmann - Head, IR Juan Andrade - President, CEO Mark Kociancic - EVP, CFO Jim Williamson - EVP, COO Conference Call Participants David Motemaden - Evercore ISI Brian Meredith - UBS Michael Zaremski - BMO Josh Shanker - Bank of America Elyse Greenspan - Wells Fargo Gregory Peters - Raymond James Jian Huang - Morgan Stanley Operator Good morning, everyone, and welcome to the Everest Group Limite ...