A Preview Of Selective Insurance Group's Earnings

Selective Insurance Group SIGI is set to give its latest quarterly earnings report on Wednesday, 2022-11-02. Here's what investors need to know before the announcement.

Analysts estimate that Selective Insurance Group will report an earnings per share (EPS) of $1.17.

Selective Insurance Group bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.06, which was followed by a 0.04% increase in the share price the next day.

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

Stock Performance

Shares of Selective Insurance Group were trading at $98.08 as of October 31. Over the last 52-week period, shares are up 20.87%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

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

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