WR Berkley's Earnings Outlook

WR Berkley WRB unveils its next round of earnings this Tuesday, October 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Based on management's projections, WR Berkley analysts model for earnings of $0.74 per share on sales of $2.04 billion. In the same quarter last year, WR Berkley announced EPS of $0.85 on revenue of $1.97 billion. The analyst consensus estimate would represent a 12.94% decline in the company's EPS figure. Sales would be up 3.76% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of WR Berkley were trading at $62.03 as of October 16. Over the last 52-week period, shares are down 8.1%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. WR Berkley is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.berkley.com%2Fhome%2Fdefault.aspx&eventid=2628517&sessionid=1&key=B551AC3FE225311D9808ED5017D6CB73&regTag=&sourcepage=register