01.11.2023 13:56:33 - dpa-AFX: ROUNDUP: Verisk Analytics Backs FY23 Ernings, Revenue View

WASHINGTON (dpa-AFX) - Verisk Analytics Inc. (VRSK) on Wednesday maintained
its earnings and revenue outlook for fiscal 2023, which are below market
estimates

For fiscal 2023, the company continues to expect adjusted earnings per share in
the range of $5.50 to $5.70 and revenue in the range of $2.63 billion to $2.66
billion.

On average, analysts polled by Thomson Reuters expect earnings of $5.72 per
share for the year on revenues of $2.67 billion. Analysts' estimates typically
exclude special items.

For the year, the company still expects adjusted EBITDA between $1.39 billion
and $1.43 billion, and adjusted EBITDA margin in the 53 percent-54 percent
range.

In its third quarter, Verisk Analytics reported profit of $187.4 million, or
$1.29 per share. This compares with $189.4 million, or $1.20 per share, in last
year's third quarter.

Adjusted earnings were $221.2 million or $1.52 per share for the period.

The company's revenue for the quarter rose 11.1 percent to $677.6 million from
$610.1 million last year.

In pre-market activity on Nasdaq, the shares were trading at $223.34, down 1.77
percent.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com.



Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
VERISK ANALYTICS DL-001 A0YA2M Frankfurt 227,200 10.05.24 12:44:12 +0,600 +0,26% 0,000 0,000 226,700 227,200

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH