Global reinsurance company Everest Group (NYSE:EG) will be reporting earnings this Wednesday after market hours. Here’s what investors should know.
Everest Group missed analysts’ revenue expectations by 4.2% last quarter, reporting revenues of $4.26 billion, up 3.1% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ net premiums earned and EPS estimates.
Is Everest Group a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Everest Group’s revenue to grow 4.4% year on year to $4.41 billion, slowing from the 15.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $14.82 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Everest Group has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Everest Group’s peers in the insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. RenaissanceRe delivered year-on-year revenue growth of 13.4%, beating analysts’ expectations by 8.7%, and Stewart Information Services reported revenues up 20.1%, topping estimates by 9.2%. RenaissanceRe’s stock price was unchanged after the results while Stewart Information Services was up 10.3%.
Read our full analysis of RenaissanceRe’s results here and Stewart Information Services’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.3% on average over the last month. Everest Group is down 2.5% during the same time and is heading into earnings with an average analyst price target of $396.50 (compared to the current share price of $331.35).
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