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Barchart
Barchart
Kritika Sarmah

What You Need to Know Ahead of Everest Group's Earnings Release

Headquartered in Hamilton, Bermuda, Everest Group, Ltd. (EG)  is a leading provider of insurance and reinsurance products worldwide. With a market cap of $16.9 billion, it offers a comprehensive range of property and casualty reinsurance, specialty lines, and direct insurance products through brokers and agents across the United States, Europe, and other regions. Everest Group will announce its fiscal Q3 earnings results after the market closes on Thursday, Oct. 31.

Ahead of the event, analysts expect EG to report a profit of $11.52 per share, down 18.5% from $14.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in three of the last four quarters while missing one quarter. 

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