EPS for W. R. Berkley Corp (WRB) Expected At $0.74

July 19, 2017 - By Ellis Scott

 EPS for W. R. Berkley Corp (WRB) Expected At $0.74

Analysts await W. R. Berkley Corp (NYSE:WRB) to report earnings on July, 25 after the close. They expect $0.74 earnings per share, down 9.76 % or $0.08 from last year’s $0.82 per share. WRB’s profit will be $89.13 million for 23.34 P/E if the $0.74 EPS becomes a reality. After $0.70 actual earnings per share reported by W. R. Berkley Corp for the previous quarter, Wall Street now forecasts 5.71 % EPS growth. About 327,318 shares traded. W. R. Berkley Corp (NYSE:WRB) has risen 22.62% since July 20, 2016 and is uptrending. It has outperformed by 5.92% the S&P500.

W. R. Berkley Corp (NYSE:WRB) Ratings Coverage

Among 7 analysts covering W.R. Berkley (NYSE:WRB), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. W.R. Berkley had 10 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, July 6. The firm earned “Hold” rating on Monday, July 10 by RBC Capital Markets. The rating was upgraded by Morgan Stanley on Thursday, January 21 to “Equal-Weight”. The stock of W. R. Berkley Corp (NYSE:WRB) earned “Neutral” rating by Compass Point on Tuesday, October 13. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Tuesday, July 28 with “Sector Perform”. The company was maintained on Tuesday, July 28 by Compass Point. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, November 15 report. The firm has “Outperform” rating by Macquarie Research given on Tuesday, January 17.

W. R. Berkley Corporation is an insurance holding company. The company has market cap of $8.32 billion. It operates through two divisions: Insurance and Reinsurance-Global. It has a 14.72 P/E ratio. The Insurance segment consists of its commercial insurance business operations, comprising excess and surplus lines, and admitted lines, throughout the United States, as well as its insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia.

More notable recent W. R. Berkley Corp (NYSE:WRB) news were published by: Zacks.com which released: “WR Berkley Corp Forms Two Units to Boost Operations” on June 08, 2017, also Insurancejournal.com with their article: “Connecticut’s WR Berkley Corporation Sells Real Estate Investment” published on July 10, 2017, Insurancejournal.com published: “California’s Enforcement against WR Berkley Ends in $12M Settlement” on May 23, 2017. More interesting news about W. R. Berkley Corp (NYSE:WRB) were released by: Businesswire.com and their article: “WR Berkley Corporation Announces Sale of Real Estate Investment” published on July 06, 2017 as well as Businesswire.com‘s news article titled: “WR Berkley Corporation to Announce Second Quarter 2017 Earnings on July 25, 2017” with publication date: June 20, 2017.

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