Arch Capital reports Q4 adjusted EPS $2.49, consensus $2.03
The Fly

Arch Capital reports Q4 adjusted EPS $2.49, consensus $2.03

Marc Grandisson, Chief Executive Officer of ACGL commented: “We finished 2023 on an excellent note, closing the books with a stellar 21.6% operating return on equity for the year and growing our book value per share by 43.9%. We are bullish about our prospects for 2024 as our underwriters continue to lean into the excellent conditions prevalent in most of the markets where we operate.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on ACGL:

Related Articles
TheFlyArch Capital price target raised to $138 from $116 at TD Cowen
TipRanks Auto-Generated NewsdeskArch Capital Group Bolsters Board with Strategic Appointments
TheFlyArch Capital price target raised to $114 from $105 at Citi
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App