Arch Capital Group: Q2 Earnings Insights

Arch Capital Group (NASDAQ:ACGL) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Arch Capital Group (NASDAQ:ACGL) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

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

Earnings

Arch Capital Group beat estimated earnings by 26.42%, reporting an EPS of $1.34 versus an estimate of $1.06.

Revenue was up $205.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 2.44% drop in the share price the next day.

Here’s a look at Arch Capital Group’s past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.96 0.88 0.31 0.81
EPS Actual 1.10 1.27 0.74 1
Revenue Estimate 2.61B 1.82B 1.91B 1.83B
Revenue Actual 2.12B 2.08B 1.93B 2.12B

To track all earnings releases for Arch Capital Group visit their earnings calendar here.

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

Total
0
Shares
Related Posts
Read More

Fear & Greed Index Remains In ‘Neutral’ Zone Ahead Of Fed Decision

The CNN Money Fear and Greed index showed some improvement in overall sentiment among U.S. investors on Tuesday. The Dow Jones closed lower by over 100 points on Tuesday ahead of Federal Reserve interest-rate decision. Markets are expecting the U.S. central bank to hold rates. The Fed will also issue economic projections on Wednesday.

DIS