The earnings call reflects a strong overall performance with record financial results and growth in premiums and investment income. However, there are concerns about increased competition in the property market, foreign currency losses, and potential challenges from tariffs and labor costs. The sentiment is balanced with significant achievements and notable challenges.

Company Guidance -

Q3 2025

In the second quarter of 2025, W. R. Berkley Corporation reported a strong performance with significant growth across various metrics. Net income per diluted share rose by 8.7% over the previous year to $1, or $401 million, with an annualized return on equity of 19.1%. Operating earnings, now excluding after-tax foreign currency gains and losses, were $420 million, or $1.05 per share, yielding a return on equity of 20%. The company's underwriting activities resulted in a combined ratio of 91.6%, leading to $261 million in underwriting income. Catastrophe losses amounted to $99 million, slightly up from $90 million in the previous year. Net premiums written hit a record $3.4 billion, while net investment income reached $379 million, driven by new money rates on fixed maturity securities. The effective tax rate for the quarter was 23.2%, and stockholders' equity increased by over $380 million to a record $9.3 billion. Despite fluctuations in the property and casualty space, the company remains optimistic about its investment and underwriting strategies, expecting continued earnings growth amid the evolving market dynamics.

Strong Financial Performance

Net income per diluted share increased by 8.7% to $1 per share, and operating earnings reached $420 million, yielding an annualized return on equity of 20%.

Record Premiums and Investment Income

Net premiums written increased to a record $3.4 billion with growth across all lines of business, and record net investment income of $379 million was reported with a 16.5% improvement in income from fixed maturity securities.

Growth in Stockholders' Equity

Stockholders' equity increased by more than $380 million or 4.3% over the first quarter of 2025 to a record $9.3 billion.

Resilient Underwriting Performance

The calendar year combined ratio was 91.6%, resulting in $261 million of underwriting income, with cat losses remaining relatively flat despite an increase in the dollar amount.

W. R. Berkley Corporation (WRB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WRB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	1.04 / -	0.93	―	―	―
Jul 21, 2025	2025 (Q2)	1.03 / 1.05	1.04	0.96% (+0.01)	―
Apr 21, 2025	2025 (Q1)	0.98 / 1.01	1.04	-2.88% (-0.03)	―
Jan 27, 2025	2024 (Q4)	0.96 / 1.13	0.967	16.86% (+0.16)	―
Oct 21, 2024	2024 (Q3)	0.92 / 0.93	0.9	3.33% (+0.03)	―
Jul 22, 2024	2024 (Q2)	0.92 / 1.04	0.76	36.84% (+0.28)	―
Apr 23, 2024	2024 (Q1)	0.95 / 1.04	0.667	55.92% (+0.37)	―
Jan 24, 2024	2023 (Q4)	0.92 / 0.97	0.773	25.10% (+0.19)	―
Oct 23, 2023	2023 (Q3)	0.79 / 0.90	0.673	33.73% (+0.23)	―
Jul 20, 2023	2023 (Q2)	0.72 / 0.76	0.747	1.74% (+0.01)	―

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

WRB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$67.80	$68.54	+1.09%
Apr 21, 2025	$66.79	$70.28	+5.23%
Jan 27, 2025	$58.65	$58.79	+0.24%
Oct 21, 2024	$59.89	$57.43	-4.11%

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 W. R. Berkley Corporation (WRB) report earnings?

W. R. Berkley Corporation (WRB) is schdueled to report earning on Oct 27, 2025, After Close (Confirmed).

What is W. R. Berkley Corporation (WRB) earnings time?

W. R. Berkley Corporation (WRB) earnings time is at Oct 27, 2025, 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 WRB EPS forecast?

WRB EPS forecast for the fiscal quarter 2025 (Q3) is 1.04.

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