A Preview Of RenaissanceRe Holdings's Earnings

RenaissanceRe Holdings RNR is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect RenaissanceRe Holdings to report an earnings per share (EPS) of $7.75.

The announcement from RenaissanceRe Holdings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

The company's EPS beat by $1.77 in the last quarter, leading to a 2.27% drop in the share price on the following day.

Here's a look at RenaissanceRe Holdings's past performance and the resulting price change:

RenaissanceRe Holdings Share Price Analysis

Shares of RenaissanceRe Holdings were trading at $266.49 as of November 04. Over the last 52-week period, shares are up 29.48%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for RenaissanceRe Holdings visit their earnings calendar on our site.

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