Recap: WR Berkley Q1 Earnings

WR Berkley (NYSE:WRB) reported its Q1 earnings results on Thursday, April 20, 2023 at 04:10 PM. Here’s what…

WR Berkley (NYSE:WRB) reported its Q1 earnings results on Thursday, April 20, 2023 at 04:10 PM.

Here’s what investors need to know about the announcement.

Earnings

WR Berkley missed estimated earnings by 18.7%, reporting an EPS of $1.0 versus an estimate of $1.23.

Revenue was down $20.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 2.94% drop in the share price the next day.

Here’s a look at WR Berkley’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.10 0.89 0.86 0.95
EPS Actual 1.16 1.01 1.12 1.10
Revenue Estimate 2.90B 2.75B 2.62B 2.75B
Revenue Actual 3.01B 2.72B 2.51B 2.92B

To track all earnings releases for WR Berkley visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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