Selective Insurance Gr's Earnings Outlook

Selective Insurance Gr (NASDAQ:SIGI) is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Selective Insurance Gr will report an earnings per share (EPS) of $1.65.

The market awaits Selective Insurance Gr's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

The company's EPS missed by $2.58 in the last quarter, leading to a 18.18% drop in the share price on the following day.

Here's a look at Selective Insurance Gr's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	1.48	1.84	1.94	1.59
EPS Actual	-1.10	1.33	1.94	1.51
Price Change %	-18.0%	-6.0%	-8.0%	-1.0%

Stock Performance

Shares of Selective Insurance Gr were trading at $98.89 as of October 17. Over the last 52-week period, shares are down 3.61%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Selective Insurance Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.