Reklāma

Verisk Analytics Boosts FY23 Outlook As Q2 Results Top Estimates

RTTNews | 873 days ago

(RTTNews) - Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the second quarter was $196.9 million or $1.35 per share, compared to $197.7 million or $1.24 per share in the prior-year quarter.

Income from continuing operations increased to $1.41 per share from $1.09 per share last year. Excluding items, adjusted earnings for the quarter were $1.51 per share, compared to $1.27 per share in the year-ago quarter.

Revenues for the quarter grew 10.1 percent to $675.0 million from $612.8 million in the same quarter last year. It was also up 9.8 percent on an organic constant currency basis.

On average, three analysts polled by Thomson Reuters expected the company to report earnings of $1.41 per share on revenues of $654.49 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $5.50 to $5.70 per share, on revenues between $2.63 billion and $2.66 billion.

Previously, the company expected adjusted earnings in a range of $5.20 to $5.50 per share, on revenues between $2.59 billion and $2.63 billion.

The Street is currently looking for earnings of $5.53 per share on revenues of $2.63 billion for the year.

Last week, the company's Board of Directors approved a cash dividend of 34 cents per share of common stock issued and outstanding, payable on September 29, 2023, to holders of record as of September 15, 2023.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: VRSK

Verisk Q2 Adj. EPS Tops Estimates; Reaffirms FY24 Outlook

Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the second quarter soared to $308.1 million or $2.15 per share from $196.9 million or $1.35 per share in the prior-year quarter.

RTTNews | 509 days ago

Verisk Q1 Results Top Estimates; Backs FY24 Outlook

Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the first quarter soared to $219.6 million or $1.52 per share from $56.3 million or $0.37 per share in the prior-year quarter.

RTTNews | 600 days ago

Verisk Guides FY24 Adj. EPS Below View As Q4 Adj. EPS Misses Estimates; Boosts Dividend 15%

Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the fourth quarter was $174.0 million or $1.20 per share, compared to $61.1 million or $0.39 per share in the prior-year quarter.

RTTNews | 670 days ago

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 1h 9min ago

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | 1h 19min ago

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 1h 39min ago

Singapore Bourse May Extend Monday's Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 2h 9min ago

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 2h 39min ago

EURUSD	1.1769	GBPUSD	1.34741	AUDUSD	0.66588
USDJPY	156.584	USDCAD	1.37439	USDCHF	0.79084