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Everest Re Group: Q2 Earnings Insights

Everest Re Group (NYSE:RE) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Everest Re Group beat estimated earnings by 39.46%, reporting an EPS of $9.79 versus an...

Benzinga · 07/27/2022 18:01

Everest Re Group (NYSE:RE) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Everest Re Group beat estimated earnings by 39.46%, reporting an EPS of $9.79 versus an estimate of $7.02.

Revenue was up $358.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.93 which was followed by a 0.75% drop in the share price the next day.

Here's a look at Everest Re Group's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 9.38 7.68 -0.76 7.78
EPS Actual 10.31 9.12 -1.34 14.63
Revenue Estimate 2.61B 2.41B 2.27B 2.38B
Revenue Actual 2.79B 2.80B 2.66B 2.56B

To track all earnings releases for Everest Re Group VISIT THEIR EARNINGS CALENDAR HERE.

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