Investing.com - Verisk reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Verisk announced earnings per share of $1.17 on revenue of $689.8M. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $685.73M. That with comparison to EPS of $1.03 on revenue of $625M in the same period a year before.Verisk had reported EPS of $1.13 on revenue of $676.8M in the previous quarter.Analysts are expecting EPS of $1.22 and revenue of $705.38M in the upcoming quarter.
Verisk shares are up 5.46% from the beginning of the year and are trading at $158.00 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 1.46% year to date.
Verisk shares gained 0.32% in after-hours trade the report.
Verisk follows other major Financial sector earnings this month
Verisk's report follows an earnings missed by Berkshire Hathaway on Saturday, who reported EPS of $3608.56 on revenue of $26.06B, compared to forecasts EPS of $3777.89 on revenue of $63.31B.
JPMorgan had missed expectations on Tuesday, April 14, 2020 with first quarter EPS of $0.78 on revenue of $29.07B, compared to forecast for EPS of $1.87 on revenue of $29.54B.
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