Verisk Scheduled to Announce Q4 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy VRSK?
Source: seekingalpha
- Earnings Announcement Date: Verisk (VRSK) is set to release its Q4 2023 earnings on February 18 before market open, with consensus EPS estimate at $1.60, reflecting a 0.6% year-over-year decline, while revenue is projected at $773.74 million, indicating a 5.1% year-over-year growth, showcasing the company's revenue stability.
- Historical Performance Review: Over the past two years, Verisk has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, indicating reliability in financial forecasting, which may bolster investor confidence.
- Expectation Adjustment Dynamics: In the last three months, EPS estimates have seen four upward revisions and three downward revisions, while revenue estimates have experienced three upward revisions and one downward revision, reflecting mixed market sentiment regarding Verisk's future performance, potentially influencing investor decisions.
- Market Sentiment Analysis: Despite Verisk's growth outlook being perceived as mediocre and negative sentiment prevailing, its ongoing investments in technology and AI may provide future growth momentum, especially with the upcoming UBS Global Technology and AI Conference likely to attract more attention.
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Analyst Views on VRSK
Wall Street analysts forecast VRSK stock price to rise
12 Analyst Rating
5 Buy
6 Hold
1 Sell
Moderate Buy
Current: 181.210
Low
220.00
Averages
252.89
High
300.00
Current: 181.210
Low
220.00
Averages
252.89
High
300.00
About VRSK
Verisk Analytics, Inc. is a data analytics and technology provider serving clients in the insurance ecosystem. The Company offers predictive analytics and decision support solutions to clients in rating, underwriting, claims, catastrophe, weather risk, and many other fields. Its insurance segment serves its property and casualty insurance customers across personal and commercial lines of business, focusing on insurance programs, the prediction of loss, the selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate. It also develops and utilizes machine-learned and artificially intelligent models to forecast scenarios and produce both standard and customized analytics that help its customers better manage their businesses, including detecting fraud before and after a loss event. It owns a SaaS platform that supports an open ecosystem where specialized model partners make their models, hazard data and analytics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Verisk Scheduled to Announce Q4 Earnings
- Earnings Announcement Date: Verisk (VRSK) is set to release its Q4 2023 earnings on February 18 before market open, with consensus EPS estimate at $1.60, reflecting a 0.6% year-over-year decline, while revenue is projected at $773.74 million, indicating a 5.1% year-over-year growth, showcasing the company's revenue stability.
- Historical Performance Review: Over the past two years, Verisk has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, indicating reliability in financial forecasting, which may bolster investor confidence.
- Expectation Adjustment Dynamics: In the last three months, EPS estimates have seen four upward revisions and three downward revisions, while revenue estimates have experienced three upward revisions and one downward revision, reflecting mixed market sentiment regarding Verisk's future performance, potentially influencing investor decisions.
- Market Sentiment Analysis: Despite Verisk's growth outlook being perceived as mediocre and negative sentiment prevailing, its ongoing investments in technology and AI may provide future growth momentum, especially with the upcoming UBS Global Technology and AI Conference likely to attract more attention.
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S&P Global and Verisk Collaborate to Enhance Climate Risk Analytics
- Climate Risk Data Sharing: The collaboration between S&P Global Energy and Verisk integrates climate catastrophe risk data for the first time, enabling the financial and insurance sectors to quantify the financial impacts of future climate events, thereby establishing a new industry benchmark for climate risk management precision.
- Innovative Model Integration: Verisk's climate catastrophe risk data will be integrated into S&P Global's climate risk platform, with projections of future climate events modeled through 2050, assisting insurers in assessing the impact of climate change on portfolio risk and enhancing their adaptive capabilities.
- Enhanced Industry Impact: This partnership not only meets regulatory demands for climate risk disclosure but also provides decision-grade data for banks and asset managers, driving strategic transformations in climate risk management and capital allocation while increasing market transparency.
- Promoting Sustainable Development: By offering comprehensive climate risk analysis, the collaboration between S&P Global and Verisk will help clients transition from reactive climate compliance to proactive resilience, setting a new standard for industry responses to climate change.
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- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
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Verisk Is Significantly Undervalued—Two Factors Attracting Contrarian Investors
Stock Performance: Verisk Analytics shares have dropped approximately 25% since the end of January, losing nearly 50% from last summer's highs, and are currently trading around $170.
Investor Sentiment: A disappointing earnings report has heightened investor concerns about slow growth, leading to relentless selling and a significant decline in the stock's relative strength index (RSI).
Market Analysis: Analysts are beginning to question whether the market has overreacted, as some indicators suggest that selling may be nearing exhaustion, with potential for a rebound if buying interest returns.
Earnings Expectations: Upcoming earnings due on February 18 are expected to be lower than previous quarters, creating a risk/reward profile that could influence future stock performance and investor behavior.
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- Consumer Spending Data Focus: This week's highlight will be the Personal Consumption Expenditures (PCE) report on Friday, which will provide insights into consumer spending in December and inflation trends, especially following last week's unexpected slowdown in the Consumer Price Index (CPI).
- Corporate Earnings in Spotlight: Walmart (WMT) is set to release its fourth-quarter earnings on Thursday, marking the first report under new CEO John Furner, making it a key indicator of consumer spending that the market is eagerly anticipating.
- Ongoing AI Impact: As AI tools' potential effects intensify across various sectors, software stocks like Salesforce (CRM) and ServiceNow (NOW) have seen significant declines, reflecting the market's heightened vigilance regarding AI disruptions, necessitating close monitoring of future industry developments.
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- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
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Verisk Scheduled to Announce Q4 Earnings
- Earnings Announcement Date: Verisk (VRSK) is set to release its Q4 2023 earnings on February 18 before market open, with consensus EPS estimate at $1.60, reflecting a 0.6% year-over-year decline, while revenue is projected at $773.74 million, indicating a 5.1% year-over-year growth, showcasing the company's revenue stability.
- Historical Performance Review: Over the past two years, Verisk has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, indicating reliability in financial forecasting, which may bolster investor confidence.
- Expectation Adjustment Dynamics: In the last three months, EPS estimates have seen four upward revisions and three downward revisions, while revenue estimates have experienced three upward revisions and one downward revision, reflecting mixed market sentiment regarding Verisk's future performance, potentially influencing investor decisions.
- Market Sentiment Analysis: Despite Verisk's growth outlook being perceived as mediocre and negative sentiment prevailing, its ongoing investments in technology and AI may provide future growth momentum, especially with the upcoming UBS Global Technology and AI Conference likely to attract more attention.
See More
S&P Global and Verisk Collaborate to Enhance Climate Risk Analytics
- Climate Risk Data Sharing: The collaboration between S&P Global Energy and Verisk integrates climate catastrophe risk data for the first time, enabling the financial and insurance sectors to quantify the financial impacts of future climate events, thereby establishing a new industry benchmark for climate risk management precision.
- Innovative Model Integration: Verisk's climate catastrophe risk data will be integrated into S&P Global's climate risk platform, with projections of future climate events modeled through 2050, assisting insurers in assessing the impact of climate change on portfolio risk and enhancing their adaptive capabilities.
- Enhanced Industry Impact: This partnership not only meets regulatory demands for climate risk disclosure but also provides decision-grade data for banks and asset managers, driving strategic transformations in climate risk management and capital allocation while increasing market transparency.
- Promoting Sustainable Development: By offering comprehensive climate risk analysis, the collaboration between S&P Global and Verisk will help clients transition from reactive climate compliance to proactive resilience, setting a new standard for industry responses to climate change.
See More
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
Verisk Is Significantly Undervalued—Two Factors Attracting Contrarian Investors
Stock Performance: Verisk Analytics shares have dropped approximately 25% since the end of January, losing nearly 50% from last summer's highs, and are currently trading around $170.
Investor Sentiment: A disappointing earnings report has heightened investor concerns about slow growth, leading to relentless selling and a significant decline in the stock's relative strength index (RSI).
Market Analysis: Analysts are beginning to question whether the market has overreacted, as some indicators suggest that selling may be nearing exhaustion, with potential for a rebound if buying interest returns.
Earnings Expectations: Upcoming earnings due on February 18 are expected to be lower than previous quarters, creating a risk/reward profile that could influence future stock performance and investor behavior.
See More
AI Turbulence Impacts Market Performance
- Increased Market Volatility: Last week, stocks in software, real estate, financial services, and logistics faced selling pressure due to concerns over AI-related disruptions, with the Nasdaq Composite falling 0.2% and a weekly loss of 2.1%, indicating market sensitivity to AI impacts.
- Consumer Spending Data Focus: This week's highlight will be the Personal Consumption Expenditures (PCE) report on Friday, which will provide insights into consumer spending in December and inflation trends, especially following last week's unexpected slowdown in the Consumer Price Index (CPI).
- Corporate Earnings in Spotlight: Walmart (WMT) is set to release its fourth-quarter earnings on Thursday, marking the first report under new CEO John Furner, making it a key indicator of consumer spending that the market is eagerly anticipating.
- Ongoing AI Impact: As AI tools' potential effects intensify across various sectors, software stocks like Salesforce (CRM) and ServiceNow (NOW) have seen significant declines, reflecting the market's heightened vigilance regarding AI disruptions, necessitating close monitoring of future industry developments.
See More
Powell's Tenure Nears End, Market Focuses on His Legacy
- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
See More
