JERSEY CITY, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Verisk (NASDAQ:VRSK), a leading global data analytics and technology provider, today announced that its Chief Human Relations Officer, Sunita Holzer, has been elected to Liberty Science Center's Board of Trustees. Liberty Science Center is a nonprofit learning center with a mission to excite learners of all ages about the power, promise and pure fun of science, technology, engineering and math. The Center's mission aligns with Verisk's longstanding commit ...

Verisk Analytics, Inc. (NASDAQ:VRSK) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Stacey Brodbar - Head, IR Lee Shavel - President and CEO Elizabeth Mann - CFO Saurabh Khemka - President, Core Lines Conference Call Participants Manav Patnaik - Barclays Surinder Thind - Jefferies Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Markets Andrew Steinerman - JPMorgan Gregory Peters - Raymond James Alex Kramm - UBS Financial Jeff Meuler - Baird Kelsey Zhu - Autonomous R ...

Verisk Analytics Inc. (VRSK) has reported mixed second-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same. VRSK's adjusted earnings (excluding 41 cents from non-recurring items) were $1.7 per share, surpassing the Zacks Consensus Estimate by 6.8% and rising 15.2.% from the year-ago quarter. Total revenues of $716.8 million missed the consensus estimate marginally while increasing 6.2% on a year-over-year basis. VRSK shares have gained 19.7% over the ...

Verisk Analytics (VRSK) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Delaware 26-2994223 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 545 Washington Boulevard Jersey City NJ 07310-1686 (Address of principal executive offices) (Zip Code) For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34480 Washington, D.C ...

3 About Verisk Contact: This release contains forward-looking statements, including those related to our financial guidance. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements ...

Consolidated revenues were $717 million, up 6.2%, and up 6.0% on an organic constant currency (OCC) basis for the second quarter of 2024. Income from continuing operations was $308 million, up 50.7% for the second quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $397 million, up 8.8%, and up 8.5% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $2.15 for the second quarter of 2024, up 52.5%. Diluted adjusted earnings per share (diluted adjusted EPS), a ...

Verisk Analytics (VRSK) is scheduled to release its second-quarter fiscal 2024 results on Jul 31, before market open. VRSK surpassed the Zacks Consensus Estimate in three of the four trailing quarters and missed in one, delivering an earnings surprise of 4.5%, on average. Q2 Expectations The Zacks Consensus Estimate for revenues is pegged at $722.5 million, indicating a 7% increase from the year-ago quarter's actual. Solid growth in underwriting and modest improvement in claims are anticipated to have benef ...

Core Insights - Verisk Maplecroft's AREA solution provides a comprehensive view of corporate exposure to global climate, environmental, human rights, and political risks by mapping over 4 million corporate assets to 85 individual risk issues at subnational levels [3][8] - The solution is designed to reveal hidden vulnerabilities and strengths in the global operations of publicly listed firms, offering investors a new perspective on companies' risk and sustainability profiles [3] - AREA's data is applicable to all equity investing, including sustainable and impact finance, enabling portfolio managers and analysts to assess systematic political risks more rigorously and optimize investment decisions [4] Data and Methodology - AREA combines geospatial risk data with corporate asset locations, covering 85 risk issues selected as critical to investors, with plans to expand to include more of Verisk Maplecroft's 190+ risk indices [2][3] - 50 of the risk issues in AREA are weighted by sector using Verisk Maplecroft's Industry Risk Dataset, providing a granular, sector-by-sector view of risk [2] - The data is available through an API, offering transparency and accessibility for investors [2] Risk Coverage - AREA covers 18 political risks, including civil unrest, conflict intensity, corruption, and democratic governance [10] - It addresses 30 human rights issues across civil, political, and labor rights, as well as human security risks [10] - The solution includes 18 climate hazards and issues, encompassing different time horizons and emissions pathways, and 19 environmental risks such as natural hazards, pollution, biodiversity, and deforestation [10] Industry Impact - AREA builds on Verisk Maplecroft's 20-year expertise in geospatial country risk and sustainability data, following the success of its Sovereign ESG offering in 2022 [9] - The solution is particularly valuable for responsible investment practitioners, enabling them to better understand company exposure to key issues like climate, nature, and human rights at the asset level [4] - Verisk Maplecroft is recognized as a trusted, independent source of analytics and research for incorporating climate change, natural capital, human rights, and political risk into investment strategies [6][12] Company Background - Verisk Maplecroft, a Verisk business (Nasdaq: VRSK), specializes in global sustainability and political risk intelligence for institutional investors and multinational corporations [6] - The company combines a comprehensive portfolio of global risk data with expert analysis to enhance the sustainability and resilience of investments and operations [6] - Verisk is a leading strategic data analytics and technology partner to the global insurance industry, helping clients address global risks through advanced data analytics and scientific research [12]

Core Insights - Verisk Maplecroft has launched a new data solution called Asset Risk Exposure Analytics (AREA) that assesses location-specific risks for over 50,000 publicly traded companies, providing a comprehensive view of corporate exposure to climate, environmental, human rights, and political risks [1][2] Group 1: Product Features - AREA combines data from over 4 million corporate assets with geospatial risk data, featuring 85 individual risk issues mapped to subnational levels, revealing vulnerabilities and strengths in global operations [2][4] - The solution includes 18 political risks, 30 human rights issues, 18 climate hazards, and 19 environmental risks, allowing investors to assess companies across various sizes, industries, and geographies using a consistent scoring framework [4] - AREA will be accessible through an API, and it is expected to incorporate more of Verisk Maplecroft's portfolio of over 190 risk indices in the future [4] Group 2: Market Relevance - The launch of AREA aims to enhance risk solutions for the financial community, building on Verisk Maplecroft's 20 years of experience in geospatial country risk and sustainability data [3] - The solution is applicable to all equity investing, including sustainable and impact finance, enabling portfolio managers to assess systematic political risks more rigorously [7] - AREA provides enhanced visibility of current and future threats, helping investors understand company exposure to critical issues at the asset level, which traditional sustainability data often overlooks [5][7]