W.R. Berkley Corporation (NYSE:WRB) an insurance holding firm, is reporting second quarter earnings results on Tuesday 21st July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 7732.83 million, while looking forward to income of $ 2.44 per share.
Previous Quarter Performance
W.R. Berkley Corporation recorded income for the first quarter of $ 0.69 per share, from the revenue of . The quarterly earnings extended 3.07 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.73 per share The bottom line results missed street analysts by $ 0.04 or 5.48 percent, at the same time, top line results analysts by $ 241 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WRB was $ 63.40, representing a 47.27 % increase from the 52 week low of $ 43.05 and a 20.67 % decrease over the 52 week high of $ 79.92.
The company has a market capital of $ 11.33 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Recent Analyst recommendations
On 15th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 62.00 target price.
Recent Stock Dividend Announcement
On June 12, 2020, the board of directors authorized quarterly dividend of $ 0.12 per share to holders of record as of the close of business on June 23, 2020, with payment date of June 30, 2020 and ex-dividend date on June 22, 2020.
Conference Call
W.R. Berkley Corporation will be hosting a conference call at 5:00 PM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.berkley.com
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally.
