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Investors interested in Insurance - Property and Casualty stocks are likely familiar with W.R. Berkley (WRB) and Tokio Marine Holdings Inc. (TKOMY).
W.R. Berkley's (WRB) Q4 results reflect higher premiums, a rise in the core portfolio, increased underwriting income and an improvement in the loss ratio.
W. R. Berkley Corporation (WRB) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for W.R. Berkley (WRB) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
W.R. Berkley (WRB) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.16 per share a year ago.
W.R. Berkley's (WRB) fourth-quarter results are likely to reflect higher premiums, partially offset by higher expenses.
Beyond analysts' top -and-bottom-line estimates for W.R. Berkley (WRB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
W.R. Berkley (WRB) stock soars on the back of high retention, growth in exposure and effective capital deployment.