Verisk Earnings, Revenue Beat in Q2
2022.08.03 01:26
Verisk Earnings, Revenue Beat in Q2
Investing.com – Verisk (NASDAQ:VRSK) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Verisk announced earnings per share of $1.53 on revenue of $746.3M. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $745.57M.
Verisk shares are down 9.47% from the beginning of the year, still down 18.39% from its 52 week high of $231.57 set on November 22, 2021. They are outperforming the S&P 500 which is down 14.16% from the start of the year.
Verisk shares lost 0.52% in after-hours trade following the report.
Verisk follows other major Industrials sector earnings this month
Verisk’s report follows an earnings beat by United Parcel Service on July 26, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on July 21 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
