Everest Group (EG)
NYSE:EG
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
14.39Last Year’s EPS
17.36Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a largely positive tone: management emphasized disciplined underwriting, strong investment income, robust treaty reinsurance results, reserve strength, and an active capital return program. Offsetting negatives include a sizable YoY decline in gross written premium driven by strategic exits and runoff, a drag from the Legacy segment, elevated restructuring costs, and short-term margin pressure in the Global Wholesale & Specialty segment from expense mix and catastrophe/geopolitical losses. Overall, management portrays confidence in the strategic reset and improving portfolio quality while acknowledging near-term headwinds.Company Guidance
Strong Operating Income and Returns
Group operating income of $648 million; net operating return on equity of 16.7% and annualized total shareholder return of 16.1% for the quarter.
Robust Underwriting Results in Treaty Reinsurance
Treaty Reinsurance generated $315 million of underwriting income on an 87.2% combined ratio; gross written premium of $2.7 billion (down ~8.9% YoY) driven by disciplined casualty reductions.
Durable Investment Income
Net investment income of $567 million (book yield stable at 4.5%); alternative assets contributed $156 million of net income vs $55 million prior year; fixed income portfolio duration ~3.5 years and average credit rating AA-.
Capital Return & Share Repurchases Accelerated
Repurchased ~$331 million of shares in Q1 and an additional $100 million in April; company raised the quarterly buyback floor to $300 million, signaling strong capital return focus.
Improved Reserve Position and Favorable Prior-Year Development
Favorable reserve development of $33 million in the quarter (primarily short-tail/property); management describes overall reserve position as robust with no material movements in U.S. Casualty.
Progress on Strategic Reset and Portfolio Rotation
Underlying premium (ex-divestitures & runoff) down 6.4%, consistent with strategy prioritizing profitability over volume; portfolio rotating toward short-tail and specialty lines with over $1.2 billion of casualty premium reduced since Jan 2024.
Global Wholesale & Specialty Early Execution
First quarter as the go-forward platform produced $23 million of underwriting income on $793 million GWP and saw a 3.8-point improvement in attritional loss performance (GWS attritional loss ratio 58.9%).
Balance Sheet and Book Value Trends
Shareholders' equity $15.3 billion ($15.7 billion excluding unrealized AFS depreciation); book value per share excluding unrealized depreciation $393.02, a 4% improvement from year-end 2025 adjusted for dividends.
EG 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
EG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $344.01 | $356.76 | +3.71% |
Feb 04, 2026 | $331.35 | $323.87 | -2.26% |
Oct 27, 2025 | $339.67 | $301.09 | -11.36% |
Jul 30, 2025 | $326.49 | $329.67 | +0.97% |
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 (EG) report earnings?
Everest Group (EG) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Everest Group (EG) earnings time?
Everest Group (EG) earnings time is at Jul 29, 2026, After Close (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 EG EPS forecast?
EG EPS forecast for the fiscal quarter 2026 (Q2) is 14.39.