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Arch Capital Group Ltd. (ACGL) is a Hamilton, Bermuda-based insurance company with a market cap of $36.5 billion. It provides a broad spectrum of products and services, including primary and excess casualty, professional indemnity, workers' compensation, umbrella, and employers' liability insurance. Arch Capital is scheduled to release its fiscal 2024 Q2 earnings results after the market closes on Tuesday, Jul. 30.
Ahead of the event, analysts expect Arch Capital to report a profit of $2.17 per share, up 13% from $1.92 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters.