Arch Capital Group (NASDAQ:ACGL) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Arch Capital Group beat estimated earnings by 22.66%, reporting an EPS of $2.49 versus an estimate of $2.03.
Revenue was up $583.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.71 which was followed by a 4.58% increase in the share price the next day.
Here’s a look at Arch Capital Group’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.60 | 1.58 | 1.45 | 1.34 |
| EPS Actual | 2.31 | 1.92 | 1.73 | 2.14 |
| Revenue Estimate | 3.15B | 3.34B | 3.12B | 2.39B |
| Revenue Actual | 3.25B | 2.96B | 2.88B | 2.76B |
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.
