Published on 9 May 2024 on Zacks via Yahoo Finance
Should You Retain W.R. Berkley (WRB) Stock in Your Portfolio?
W.R. Berkley Corporation WRB has been benefiting from higher premiums, lower claims frequency in certain lines of business, growth in exposure, effective capital deployment and sufficient liquidity.
Growth Projections
The Zacks Consensus Estimate for W.R. Berkley’s 2024 earnings per share indicates a year-over-year increase of 18.9% from the consensus estimate of 2023. The consensus estimate for revenues is pegged at $13.36 billion, implying a year-over-year improvement of 10.4% from the consensus mark of 2023.The consensus estimate for 2025 earnings per share indicates a year-over-year increase of 8.5% from the consensus estimate of 2024. The estimate for 2025 revenues is pinned at $14.17 billion, implying a year-over-year improvement of 6.1% from the consensus mark of 2024.