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Although the revenue and EPS for W.R. Berkley (WRB) give a sense of how its business performed in the quarter ended December 2024, 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 $1.13 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.97 per share a year ago.
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today reported its fourth quarter and full year 2024 results. Summary Financial Data (Amounts in thousands, except per share data) Fourth Quarter Twelve Months 2024 2023 2024 2023 Gross premiums written $ 3,497,284 $ 3,232,710 $ 14,211,090 $ 12,972,006 Net premiums written 2,936,750 2,719,668 11,972,096 10,954,467 Net income t.
W. R. Berkley Corporation is a strong P&C insurer with consistent underwriting profits and superior risk management, but Q4 2024 earnings may be slightly impacted by higher catastrophe losses. The company has a decentralized structure with 60 independently managed units, allowing rapid market response and specialized knowledge across different insurance lines. Despite expected higher catastrophe losses, Berkley's Q4 net premiums are projected to grow by 9% YoY, with stable operating expenses and strong investment income.
WRB's fourth-quarter results are likely to reflect higher premiums at both the segments, partially offset by higher expenses.
Besides Wall Street's top -and-bottom-line estimates for W.R. Berkley (WRB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
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W.R. Berkley (WRB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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An impressive growth profile, reserving discipline and prudent capital management policy poise W. R. Berkley Corporation well for growth.