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Analysts change their predictions for W.R. Berkley after the company’s mixed results in the third quarter.

ResultsRead the original at Benzinga
Neutral

WRB earned $1.17 per share versus $1.14 expected, but sales were $3.739 billion versus $3.824 billion expected. Mizuho raised its target to $73, while Evercore cut its target to $69 and kept a rating expecting shares to lag, leaving no clear change to WRB's outlook.

WRB · W. R. Berkley Corp

AI read · Neutral

The AI's read

The profit-per-share figure beat estimates, but sales missed. Analysts also split: Mizuho raised its target and kept a neutral rating, while Evercore lowered its target and kept a rating expecting the shares to lag. Together, these facts do not point clearly in one direction for WRB.

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