Earnings Outlook For Arch Capital Group

Arch Capital Group ACGL is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement.

Analysts estimate that Arch Capital Group will report an earnings per share (EPS) of $2.02.

Arch Capital Group bulls will hope to hear the company 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 beat 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 and the resulting price change:

Stock Performance

Shares of Arch Capital Group were trading at $83.1 as of February 09. Over the last 52-week period, shares are up 22.24%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Arch Capital Group visit their earnings calendar on our site.

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