Verisk Analytics Inc. Q1 Profit Increases, Beats | Global Market News

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Verisk Analytics Inc. Q1 Profit Increases, Beats | Global Market News



(RTTNews) – Verisk Analytics Inc. (VRSK) reported a revenue for its first quarter that elevated from final yr and beat the Street estimates.

The company’s earnings totaled $232.3 million, or $1.65 per share. This compares with $219.6 million, or $1.52 per share, final yr.

Excluding gadgets, Verisk Analytics Inc. reported adjusted earnings of $244.5 million or $1.73 per share for the period.

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Analysts on average had anticipated the company to earn $1.68 per share. Analysts’ estimates sometimes exclude particular gadgets.

The company’s income for the period rose 7.0% to $753.0 million from $704.0 million final yr.

Verisk Analytics Inc. earnings at a look (GAAP) :

-Earnings: $232.3 Mln. vs. $219.6 Mln. final yr.
-EPS: $1.65 vs. $1.52 final yr.
-Revenue: $753.0 Mln vs. $704.0 Mln final yr.

-Guidance:
Full yr EPS steerage: $6.80 – $7.10
Full yr income steerage: $3.03 – $3.08 Bln

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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