Verisk Q1 revenue rises 3.9% to $782.6 million, beating estimates

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Summary · why it matters

Verisk reported first-quarter revenues of $782.6 million, up 3.9% year on year and exceeding analysts' expectations by 1.3%. The company, which processes over 2.8 billion insurance transaction records annually, also beat earnings per share estimates, though full-year EPS guidance was in line with expectations. Among the ten data and business process services stocks tracked, Verisk posted the slowest revenue growth, yet its stock has risen 3.4% since the report to $182.71. The broader group saw revenues beat consensus estimates by 2.7% on average, but share prices have collectively declined 2.9% since their latest earnings results.

Impact on assets 5

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