5 Must-Read Analyst Questions From Everest Group’s Q3 Earnings Call
Update: 2025-11-03
Description
Everest Group's latest quarterly results, released on November third, were marked by two significant moves: exiting global retail insurance operations and bolstering North American reserves. Despite a slight revenue miss, adjusted earnings per share of $7.54 fell short of expectations, and operating income was weakened by a one-time reserve adjustment. Shares dropped from $344 to $314, reflecting investor concerns about the company's ability to return capital and resume stock buybacks. Analysts questioned the impact on other areas like reinsurance, but management assured that the reinsurance portfolio is well-managed and separate from the issues. Everest plans to restart buybacks once capital becomes available. Investors now await Everest's transition to specialty insurance, reinsurance, and improved efficiency, as well as the company's ability to redeploy capital and achieve more stable profits in the future.
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