WRB Earnings Prediction
The chart below shows how WRB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WRB sees a -1.77% change in stock price 10 days leading up to the earnings, and a +0.53% change 10 days following the report. On the earnings day itself, the stock moves by +0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
WRB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.67B
14.74%
7.83%
Gross Margin
--
--
--
Operating Margin
20.72%
22.17%
34.02%
Net Margin
15.69%
25.72%
46.09%
EPS
1.44
46.94%
58.24%
No Data Available
WRB Earnings Analysis
W R Berkley Corp Corporation (WRB.N) Earnings Conference Call
Positive
Strong Return on Equity: Record full year 2024 results with return on equity of 23.6% and operating return on equity of 22.4%.
Operating Earnings Surge: Operating earnings increased 15.5% to $453 million, or $1.13 per share, with an operating return on equity of 24.3%.
Quarterly Net Income Surge: Net income for the quarter rose 45% to $576 million, or $1.44 per share, achieving a return on equity of 30.9%.
Premiums Written Growth: Gross and net premiums written grew 9.6% to $9.3 billion, with the insurance segment's net premiums written increasing 9.9% to over $2.6 billion.
Stockholders' Equity Increase: Stockholders' equity increased 12.6% to $840 million, supported by record net income of $180 million and $67 million in share repurchases.
Negative
Loss Ratio Increase: The current accident year loss ratio increased slightly to 59.2%, indicating a deterioration in underwriting performance compared to the previous year.
Catastrophe Losses Increase: Catastrophe losses rose significantly, primarily due to Hurricane Milton, contributing to a 1.4 loss ratio point increase quarter over quarter.
Casualty Reinsurance Decline: The casualty reinsurance segment experienced a decline of approximately 15% in net written premiums, reflecting a challenging pricing environment and lack of market discipline.
Expense Ratio Stability: The expense ratio remained flat at 28.4%, which, while stable, indicates ongoing pressure on cost management in a competitive market.
Impact of Social Inflation: Social inflation continues to impact the liability market, with increased claims costs and jury awards, particularly in auto liability and medical malpractice, posing risks to future profitability.
WRB FAQs
How does WRB typically perform around its earnings report dates?
Is W R Berkley Corp (WRB) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
WRB Earning Call Sentiment
Earnings call transcript: WR Berkley beats Q4 2024 forecasts, stock rises
WRB.N
1.19%Positive
The earnings report shows strong financial performance with record underwriting income, increased net income, and a stable expense ratio. Shareholder returns through dividends and repurchases are substantial, supporting a positive outlook. While there are concerns about economic factors and geographic risks, management remains optimistic about growth in the E&S market and investment portfolio performance. The Q&A revealed some uncertainties, but overall sentiment remains positive due to strong earnings and shareholder returns, suggesting a stock price increase of 2% to 8%.
