We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Curious about Markel Group (MKL) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Markel Group (MKL - Free Report) will announce quarterly earnings of $23.58 per share in its forthcoming report, representing a decline of 9.8% year over year. Revenues are projected to reach $3.75 billion, increasing 3.8% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 1.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Markel Group metrics that are commonly monitored and projected by Wall Street analysts.
Based on the collective assessment of analysts, 'Operating revenues- Net investment income' should arrive at $199.65 million. The estimate indicates a change of +37.6% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating revenues- Earned premiums' of $2.14 billion. The estimate suggests a change of +5.1% year over year.
Analysts predict that the 'Net Earned Premiums- Reinsurance' will reach $280.53 million. The estimate suggests a change of +10.1% year over year.
The average prediction of analysts places 'Net Earned Premiums- Insurance' at $1.91 billion. The estimate indicates a change of +6.8% from the prior-year quarter.
Analysts forecast 'Underwriting Expenses Ratio' to reach 33.2%. The estimate is in contrast to the year-ago figure of 33.2%.
It is projected by analysts that the 'Combined Ratio' will reach 94.2%. The estimate is in contrast to the year-ago figure of 93.8%.
Analysts' assessment points toward 'Loss Ratio - Insurance Segment (Underwriting Ratios)' reaching 60.8%. The estimate compares to the year-ago value of 60.7%.
Shares of Markel Group have experienced a change of +3.9% in the past month compared to the +2.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MKL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Curious about Markel Group (MKL) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Markel Group (MKL - Free Report) will announce quarterly earnings of $23.58 per share in its forthcoming report, representing a decline of 9.8% year over year. Revenues are projected to reach $3.75 billion, increasing 3.8% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 1.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Markel Group metrics that are commonly monitored and projected by Wall Street analysts.
Based on the collective assessment of analysts, 'Operating revenues- Net investment income' should arrive at $199.65 million. The estimate indicates a change of +37.6% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating revenues- Earned premiums' of $2.14 billion. The estimate suggests a change of +5.1% year over year.
Analysts predict that the 'Net Earned Premiums- Reinsurance' will reach $280.53 million. The estimate suggests a change of +10.1% year over year.
The average prediction of analysts places 'Net Earned Premiums- Insurance' at $1.91 billion. The estimate indicates a change of +6.8% from the prior-year quarter.
Analysts forecast 'Underwriting Expenses Ratio' to reach 33.2%. The estimate is in contrast to the year-ago figure of 33.2%.
It is projected by analysts that the 'Combined Ratio' will reach 94.2%. The estimate is in contrast to the year-ago figure of 93.8%.
Analysts' assessment points toward 'Loss Ratio - Insurance Segment (Underwriting Ratios)' reaching 60.8%. The estimate compares to the year-ago value of 60.7%.
View all Key Company Metrics for Markel Group here>>>
Shares of Markel Group have experienced a change of +3.9% in the past month compared to the +2.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MKL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>