21.02.2024 13:40:27 - dpa-AFX: Verisk Analytics Inc. Q4 Profit Increases, but misses estimates
WASHINGTON (dpa-AFX) - Verisk Analytics Inc. (VRSK) announced a profit for
its fourth quarter that increased from the same period last year but missed the
Street estimates.
The company's bottom line came in at $174.0 million, or $1.20 per share. This
compares with $61.1 million, or $0.39 per share, in last year's fourth quarter.
Excluding items, Verisk Analytics Inc. reported adjusted earnings of $203.9
million or $1.40 per share for the period.
Analysts on average had expected the company to earn $1.44 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 7.4% to $677.2 million from $630.4
million last year.
Verisk Analytics Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $174.0 Mln. vs. $61.1 Mln. last year.
-EPS (Q4): $1.20 vs. $0.39 last year.
-Analyst Estimate: $1.44
-Revenue (Q4): $677.2 Mln vs. $630.4 Mln last year.
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