Arch Capital (ACGL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ACGLArch Capital .(ACGL) ZACKS·2024-07-31 08:06

For the quarter ended June 2024, Arch Capital Group (ACGL) reported revenue of 3.94billion,up22.73.94 billion, up 22.7% over the same period last year. EPS came in at 2.57, compared to 1.92intheyearagoquarter.Thereportedrevenuerepresentsasurpriseof+0.661.92 in the year-ago quarter.The reported revenue represents a surprise of +0.66% over the Zacks Consensus Estimate of 3.91 billion. With the consensus EPS estimate being $2.17, the EPS surprise was +18.43%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...