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Verisk Analytics (VRSK)
NASDAQ:VRSK
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.6Last Year’s EPS
1.4Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 5.80%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with notable subscription revenue growth, new product initiatives, and international expansion. However, challenges such as transactional revenue decline and increased interest expenses were noted. Overall, the highlights outweigh the lowlights, indicating a positive outlook.Company Guidance
During the Verisk Third Quarter 2024 Earnings Results Conference Call, numerous financial metrics were discussed, highlighting the company's robust performance and future guidance. Verisk reported a consolidated GAAP basis revenue of $725 million, marking a 7% increase from the previous year, with income from continuing operations up 17.4% at $220 million. The company's organic constant currency (OCC) revenue grew by 6.8%, driven by a 9.1% increase in subscription revenues, which now comprise 82% of total revenue. Adjusted EBITDA growth was 7.2%, with a total adjusted EBITDA margin of 55.2%, a 120 basis point rise year-over-year. The company reaffirmed its full-year guidance, expecting revenue in the range of $2.84 billion to $2.9 billion and adjusted EBITDA between $1.55 billion and $1.6 billion. Additionally, Verisk's adjusted earnings per share (EPS) grew by 9.9% to $1.67. The company also highlighted strong subscription growth across its businesses, propelled by strategic client engagement and innovative product development, setting a positive outlook for 2025 despite potential headwinds from industry dynamics and the ongoing transition from transactional to subscription-based contracts.Strong Subscription Revenue Growth
Verisk achieved a subscription revenue growth of 9.1% driven by strategic client engagement and strong product offerings.
Overall Revenue Growth
Verisk reported organic constant currency revenue growth of 8% on a 2-year compound annual growth basis.
New Product Initiatives
Introduction of Future Reforms and Executive Insights reports, enhancing client engagement and product offerings.
New Client Acquisition
Verisk signed 10 new clients in the Extreme Events business, driven by increased interest in catastrophe modeling.
International Business Performance
Growth in international underwriting, life, health, and travel business contributed positively to revenue.
Increased Capital Return to Shareholders
Verisk returned $455 million to shareholders through dividends and a $400 million accelerated share repurchase program.
Adjusted EBITDA Margin Expansion
Adjusted EBITDA margin increased to 55.2%, up 120 basis points from the prior year.
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VRSK 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
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VRSK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $263.29 | $275.25 | +4.54% |
| Jul 31, 2024 | $285.18 | $261.01 | -8.48% |
| May 01, 2024 | $217.02 | $231.81 | +6.82% |
| Feb 21, 2024 | $247.03 | $236.26 | -4.36% |
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.
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FAQ
When does Verisk Analytics (VRSK) report earnings?
Verisk Analytics (VRSK) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Verisk Analytics (VRSK) earnings time?
Verisk Analytics (VRSK) earnings time is at Feb 25, 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 VRSK EPS forecast?
VRSK EPS forecast for the fiscal quarter 2024 (Q4) is 1.6.
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