Global reinsurance company Everest Group (NYSE:EG) will be reporting earnings this Wednesday after market close. Here’s what investors should know.
Everest Group missed analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $4.32 billion, flat year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ net premiums earned estimates and a significant miss of analysts’ EPS estimates.
Is Everest Group a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Everest Group’s revenue to decline 3% year on year to $4.50 billion, a reversal from the 26.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $13.83 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Everest Group has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Everest Group’s peers in the insurance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. AXIS Capital delivered year-on-year revenue growth of 8.9%, beating analysts’ expectations by 1.8%, and Hartford reported revenues up 6.7%, topping estimates by 49.9%. AXIS Capital’s stock price was unchanged after the resultswhile Hartford was up 2%.
Read our full analysis of AXIS Capital’s results here and Hartford’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.6% on average over the last month. Everest Group is down 2.8% during the same time and is heading into earnings with an average analyst price target of $367.43 (compared to the current share price of $331.79).
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