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Stock impact report

Insights Into Selective Insurance (SIGI) Q3: Wall Street Projections for Key Metrics [Yahoo! Finance]

Selective Insurance Group, Inc. (SIGI) 
Last selective insurance group, inc. earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: selective.com/investors
Company Research Source: Yahoo! Finance
post quarterly earnings of $1.68 per share, reflecting an increase of 11.3% compared to the same period last year. Revenues are forecasted to be $1.24 billion, representing a year-over-year increase of 14.3%. The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' pr Show less Read more
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