Exploring WR Berkley's Earnings Expectations

WR Berkley (NYSE:WRB) 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 WR Berkley will report an earnings per share (EPS) of $0.95.

The market awaits WR Berkley'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.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.12, leading to a 0.75% increase in the share price the following trading session.

Here's a look at WR Berkley's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.92	0.96	0.92	0.79
EPS Actual	1.04	1.04	0.97	0.90
Price Change %	1.0%	-2.0%	7.000000000000001%	6.0%

Market Performance of WR Berkley's Stock

Shares of WR Berkley were trading at $61.04 as of October 17. Over the last 52-week period, shares are up 46.33%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for WR Berkley visit their earnings calendar on our site.

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