earnings
confidence high
sentiment positive
materiality 0.80
Verisk Q3 revenue up 7.0% to $725M; adjusted EPS $1.67; dividend raised 15% to $0.39
Verisk Analytics, Inc.
2024-Q3 EPS reported
$5.22
revenue$2,146,100,000
- Revenue $725M (+7.0% YoY), organic constant currency growth 6.8%; underwriting +6.5%, claims +7.4% OCC.
- GAAP EPS $1.54 (+19.4%); adjusted EPS $1.67 (+9.9%); adjusted EBITDA $401M (+9.4%, margin 55.2%).
- Q3 operating cash flow $296M (+18.4%); free cash flow $241M (+22.9%).
- Dividend raised 15% to $0.39/share, payable Dec 31, 2024; $400M accelerated share repurchase completed.
- FY2024 guidance reaffirmed: revenue $2.84-2.90B, adj. EBITDA $1.54-1.60B, adj. EPS $6.30-6.60.