Arch Capital Group (ACGL) Tops Q2 Earnings and Revenue Estimates
ACGLArch Capital .(ACGL) ZACKS·2024-07-31 06:36

Arch Capital Group (ACGL) came out with quarterly earnings of 2.57pershare,beatingtheZacksConsensusEstimateof2.57 per share, beating the Zacks Consensus Estimate of 2.17 per share. This compares to earnings of 1.92pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof18.431.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.43%. A quarter ago, it was expected that this property and casualty insurer would post earnings of 2.06 per share when it actually produced earnings of $2.45, delivering a surprise of 18.93%.Over the last fo ...