Verisk Earnings Beat Expectations at $0.07, Profit Exceeds Forecasts
According to Verisk's (NASDAQ: VRSK) report, the earnings per share for the third quarter was $1.67, which is $0.07 higher than the analysts' expectations of $1.60. The reported profit for this quarter was determined to be $725.3 million, while analyst expectations were $722.19 million.
Guidance Verisk has set the earnings per share for the fiscal year 2024 between $6.30 and $6.60. Analyst estimates were disclosed as $6.56. The profit for Verisk for the fiscal year 2024 is projected to be between $2.84 billion and $2.90 billion, compared to analyst estimates of $2.87 billion.
Verisk's stock closed at $263.65, indicating a decline of 1.13% over the past three months. However, the stock has appreciated by 15.96% in the last 12 months. Over the past 90 days, Verisk has observed 0 positive earnings per share while seeing 13 negative earnings per share. You can examine how Verisk's stock price reacted to past earnings reports here. According to InvestingPro, Verisk's financial health score is rated as "Fairly Good." You can review the latest earnings reports and all financial information related to Verisk here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.