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

RTTNews | 522天前
Verisk Guides FY24 Adj. EPS Below View As Q4 Adj. EPS Misses Estimates; Boosts Dividend 15%

(RTTNews) - 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.

Income from continuing operations decreased to $1.25 per share from $1.37 per share last year. Excluding items, adjusted earnings from continuing operations for the quarter were $1.40 per share, compared to $1.43 per share in the year-ago quarter.

Revenues for the quarter grew 7.4 percent to $677.2 million from $630.4 million in the same quarter last year. It was also up 6.0 percent on an organic constant currency basis.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.44 per share on revenues of $672.19 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, the company now projects adjusted earnings in a range of $6.30 to $6.60 per share, on revenues between $2.84 billion and $2.90 billion.

The Street is currently looking for earnings of $6.61 per share on revenues of $2.87 billion for the year.

Last week, the company's Board of Directors approved a 15 percent higher cash dividend of 39 cents per share of common stock issued and outstanding, payable on March 29, 2024, to holders of record as of March 15, 2024.

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

read more
Verisk Q2 Adj. EPS Tops Estimates; Reaffirms FY24 Outlook

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 | 361天前
Verisk Q1 Results Top Estimates; Backs FY24 Outlook

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 | 452天前
Verisk Analytics Boosts FY23 Outlook As Q2 Results Top Estimates

Verisk Analytics Boosts FY23 Outlook As Q2 Results Top Estimates

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.
RTTNews | 725天前
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous session, despite he broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 41,200 level, with weakness across most sectors led by financial and technology stocks.
RTTNews | 1小时7分钟前
Indonesia Bourse May Extend Winning Streak

Indonesia Bourse May Extend Winning Streak

The Indonesia stock market has moved higher in three straight sessions, advancing more than 190 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,540-point plateau and it may open to the upside again on Monday.
RTTNews | 1小时8分钟前
Higher Open Predicted For Hong Kong Shares

Higher Open Predicted For Hong Kong Shares

The Hong Kong stock market on Friday ended the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just beneath the 25,390-point plateau although it's likely to open in the green again on Monday.
RTTNews | 1小时23分钟前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,700.00 level, with gains in gold miners, financial stocks and technology stocks partially offset by weakness in iron ore miners.
RTTNews | 1小时29分钟前
China Stock Market May See Renewed Support On Monday

China Stock Market May See Renewed Support On Monday

The China stock market on Friday halted the six-day winning streak in which it had advanced more than 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,600-point plateau although it's likely to move back to the upside again on Monday.
RTTNews | 1小时38分钟前