Everest Re (RE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

Published on 2 May 2023 on Zacks via Yahoo Finance

Everest Re (RE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

Everest Re Group, Ltd.’s RE first-quarter 2023 operating income per share of $11.31 missed the Zacks Consensus Estimate by 9.4%. However, the bottom line increased 9.7% year over year and beat our estimate of $7.02 per share.Everest Re witnessed higher premiums across its reinsurance and insurance businesses, improved net investment income and underwriting income, partly offset by higher expenses.

Everest Re Group, Ltd. Price, Consensus and EPS Surprise

Read the rest of the article

NYSE.AXS price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Everest Re Group, Ltd.'s (NYSE:RE) Fundamentals Look Pretty Strong: Could The Market Be Wrong About...

It is hard to get excited after looking at Everest Re Group's (NYSE:RE) recent performance, when ...

Simply Wall St. via Yahoo Finance 18 Jun 2023

Everest Re Group (NYSE:RE) Has Announced A Dividend Of $1.65

Everest Re Group, Ltd. (NYSE:RE) will pay a dividend of $1.65 on the 16th of June. Including this...

Simply Wall St. via Yahoo Finance 22 May 2023

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.24% By Investing.com

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.24%

Investing.com 17 May 2023

U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.24%

Investing.com 17 May 2023

Is First Trust Financials AlphaDEX ETF (FXO) a Strong ETF Right Now?

Designed to provide broad exposure to the Financials ETFs category of the market, the First Trust...

Zacks via Yahoo Finance 15 May 2023

3 Insurance Stocks Worth Buying in May | Entrepreneur

With the Fed unlikely to cut rates anytime soon, the insurance industry will likely benefit. Henc...

Entrpreneur 15 May 2023

These 2 Insurance Stocks Are the Top Buys for May | Entrepreneur

With the Fed announcing its tenth interest rate hike this week, the insurance industry is in a sw...

Entrpreneur 5 May 2023

20 Biggest Reinsurance Companies in the World

In this piece, we will take a look at the 20 biggest reinsurance companies in the world. For more...

Insider Monkey via Yahoo Finance 4 May 2023

Everest Re (RE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

Everest Re Group, Ltd.’s RE first-quarter 2023 operating income per share of $11.31 missed the Za...

Zacks via Yahoo Finance 2 May 2023

A solid start to earnings season will be put to the test in the week ahead

With so many market-moving parts, expect some volatility next week.

CNBC 29 Apr 2023

News

Everest Re (RE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y

NYSE.AXS price evolution

Want to become a better investor?