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Everest Group (DE:ERE)
FRANKFURT:ERE
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
13.36Last Year’s EPS
15.04Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -3.03%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call for Everest Group Ltd. highlighted strong growth in property lines and international markets, successful share repurchases, and robust operating income despite catastrophe losses. However, challenges were noted with the elevated combined ratio due to catastrophic events, a decline in casualty written premium, and increased attritional loss ratios. The sentiment is balanced with notable achievements in property and international markets, but challenges remain in specific areas such as casualty and aviation losses.Company Guidance
During the Everest Group's first quarter 2025 earnings call, the management provided guidance on several key metrics, reflecting the company's strategic focus and market conditions. The combined ratio for the quarter stood at 102.7%, impacted by catastrophic events such as the California wildfires and aviation losses. Total group written premium was $4.4 billion, mirroring Q1 2024. The reinsurance division saw a 16% growth in property lines, while the insurance division faced a 1.3% decline in written premiums due to a 15% reduction in the third-party book. Notably, catastrophe losses contributed 13.9 points to the combined ratio, with California wildfires alone accounting for $440 million. Everest's attritional loss ratio was 62.2%, with aviation losses adding 2 points. The company repurchased $200 million in shares at an average price of $348 per share, indicating a commitment to shareholder value. Everest's overall reserve position improved, and the company projected moderate catastrophe pricing pressure for the remainder of 2025, with opportunities for capital deployment at attractive returns.Growth in Property Lines
Total premiums increased from the prior year, driven by approximately 16% growth in property lines or 8% excluding reinstatement premiums. At the April renewal, the book grew by 5%, led by property growth of 15%.
Strong International Insurance Business
The international insurance business turned a modest profit in the quarter despite continued meaningful investment in people and technology. Strong growth in key markets at attractive loss ratios.
Share Repurchases
Everest repurchased $200 million of shares in the quarter at an average price just over $348 per share, consistent with their commitment to delivering value to shareholders.
Operating Income Despite Catastrophes
Everest delivered $276 million of operating income despite significant catastrophe loss activity in the first quarter.
Improvements in Book Value Per Share
Book value per share ended the quarter at $332.39, an improvement of 3.5% from year-end 2024 when adjusted for dividends.
DE:ERE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:ERE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | €313.60 | €297.60 | -5.10% |
Feb 03, 2025 | €335.48 | €330.71 | -1.42% |
Oct 30, 2024 | €343.17 | €334.36 | -2.57% |
Jul 31, 2024 | €353.98 | €356.94 | +0.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Everest Group (DE:ERE) report earnings?
Everest Group (DE:ERE) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Everest Group (DE:ERE) earnings time?
Everest Group (DE:ERE) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Everest Group stock?
The P/E ratio of Everest Group is N/A.
What is DE:ERE EPS forecast?
DE:ERE EPS forecast for the fiscal quarter 2025 (Q2) is 13.36.