- W R Berkley Corp’s 1Q revenue met market estimates, standing at $3.26 billion.
- The Adjusted operating EPS reached $1.56, further solidifying the company’s strong performance.
- The reported combined ratio was 88.8%, slightly better than the predicted 89.7%.
- Net investment income came in at $319.8 million, beating the $302.4 million estimate.
- Net premiums written reached $2.85 billion, marginally surpassing the estimate of $2.84 billion.
- Even though the net premiums earned slightly underperformed the $2.77 billion estimate by settling at $2.76 billion, this was still a strong achievement.
- The loss ratio was better than expected at 60.2%, compared to the projected level of 60.7%.
- The expense ratio closed at 28.6%, marginally better than the anticipated 28.7%.
- The stock appears to be a preferred choice for investors as reflected by 9 buys, 6 holds and only 1 sell.
A look at Wr Berkley Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
W. R. Berkley Corporation, an insurance holding company, has been assigned Smartkarma Smart Scores across different factors that influence its long-term outlook. With a high Momentum score of 5, the company seems to be experiencing strong upward movement based on market factors. This suggests a positive trend in the company’s performance that investors may find appealing for potential long-term growth.
Moreover, the company scored well in Growth, with a rating of 4, indicating promising potential for expansion and development. Coupled with a Resilience score of 3, Wr Berkley Corp appears to have a solid foundation to weather uncertainties and challenges in the market. While Value and Dividend scores stand at 3 and 2 respectively, the overall outlook for Wr Berkley Corp seems optimistic based on the Smartkarma Smart Scores provided.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
