Earnings Summary

Everest Group Ltd’s revenue jumped 15.78% since last year same period to $4227Mn in the Q2 2024. On a quarterly growth basis, Everest Group Ltd has generated 2.27% jump in its revenue since last 3-months.

Everest Group Ltd’s net profit jumped 8.06% since last year same period to $724Mn in the Q2 2024. On a quarterly growth basis, Everest Group Ltd has generated -1.23% fall in its net profits since last 3-months.

Everest Group Ltd’s net profit margin fell -6.67% since last year same period to 17.13% in the Q2 2024. On a quarterly growth basis, Everest Group Ltd has generated -3.42% fall in its net profit margins since last 3-months.

Everest Group Ltd’s price-to-earnings ratio after this Q2 2024 earnings stands at 5.78.

Everest Group Ltd’s earning per share (EPS) estimates for the current quarter stand at 10.37 - a -37.49% fall from last quarter’s estimates.

Everest Group Ltd’s earning per share (EPS) estimates for the current year stand at 10.37.

Everest Group Ltd’s earning per share (EPS) jumped 10.78% since last year same period to 16.85 in the Q2 2024. This indicates that the Everest Group Ltd has generated 10.78% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Everest Group Ltd’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Everest Group Ltd’s return on equity (ROE) stands at 0.23.

Everest Group Ltd declared 2 dividend per share during the earnings announcement for Q2 2024.