Earnings Preview: Selective Insurance Gr

Selective Insurance Gr SIGI will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Selective Insurance Gr to report an earnings per share (EPS) of $1.65.

The market awaits Selective Insurance Gr's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

Last quarter the company missed EPS by $2.58, which was followed by a 18.18% drop in the share price the next day.

Here's a look at Selective Insurance Gr's past performance and the resulting price change:

Tracking Selective Insurance Gr's Stock Performance

Shares of Selective Insurance Gr were trading at $98.89 as of October 17. Over the last 52-week period, shares are down 3.76%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Selective Insurance Gr visit their earnings calendar on our site.

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