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W. R. Berkley Corporation (WRB)
NYSE:WRB
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.05Last Year’s EPS
1.04Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 21, 2025
|% Change Since: 8.54%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant growth in net income, premiums, and investment income. Despite challenges from catastrophic events and specific market segments, the company demonstrated resilience and maintained a strong balance sheet.Company Guidance
During W. R. Berkley Corporation's First Quarter 2025 Earnings Conference Call, the company provided several key metrics reflecting their performance. The company reported a net income of $418 million, or $1.04 per share, and an annualized return on beginning of year equity of 19.9%. Operating earnings were $405 million, or $1.01 per share, with an annualized return on equity of 19.3%. The calendar year combined ratio was 90.9%, while the current accident year combined ratio excluding catastrophe losses was 87.2%. Catastrophe losses accounted for 3.7 loss ratio points or $111 million, primarily due to California wildfires. The company's net premiums written grew to a record $3.1 billion, with the insurance segment increasing 10.2% to $2.7 billion and the Reinsurance and Monoline Access segment growing 8.2% to $439 million. Net investment income rose 12.6% to $360 million, driven by record net invested assets of $30.7 billion and strong operating cash flows of $744 million. The effective tax rate for the quarter was 22.5%, with stockholders' equity increasing by more than $500 million to a record $8.9 billion. The company also highlighted a strategic investment by Mitsubishi, expected to commence in May, pending regulatory processes.Strong Net Income and Return on Equity
The company reported a net income of $418 million or $1.04 per share, and an annualized return on beginning of year equity of 19.9%.
Record Net Premiums and Growth in Insurance Segment
Net premiums written grew to a record of more than $3.1 billion, with the insurance segment growing 10.2% to $2.7 billion, marking the second-best quarter.
Growth in Investment Income
Net investment income increased by 12.6% to $360 million, driven by record net invested assets of $30.7 billion and strong operating cash flows.
Increase in Stockholders' Equity
Stockholders' equity increased by more than $500 million or 6.2% over the beginning of the year, reaching a record $8.9 billion.
Strong Balance Sheet and Financial Leverage
The company maintains strong cash and cash equivalents of more than $1.9 billion and a financial leverage of 24.2%, the lowest level in decades.
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WRB 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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WRB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 21, 2025 | $67.33 | $70.85 | +5.23% |
| Jan 27, 2025 | $59.12 | $59.26 | +0.24% |
| Oct 21, 2024 | $60.37 | $57.90 | -4.09% |
| Jul 22, 2024 | $50.96 | $51.35 | +0.77% |
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 W. R. Berkley Corporation (WRB) report earnings?
W. R. Berkley Corporation (WRB) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is W. R. Berkley Corporation (WRB) earnings time?
W. R. Berkley Corporation (WRB) earnings time is at Jul 17, 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 WRB EPS forecast?
WRB EPS forecast for the fiscal quarter 2025 (Q2) is 1.05.
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