© Reuters. Verisk Earnings Miss, Revenue Beats In Q1
Investing.com – Verisk (NASDAQ:) reported on Tuesday first quarter that missed analysts’ forecasts and revenue that topped expectations.
Verisk announced earnings per share of $1.34 on revenue of $775.5M. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $773.91M.
Verisk shares are down 22.99% from the beginning of the year, still down 13.58% from its 52 week high of $231.57 set on November 22, 2021. They are under-performing the which is down 19.79% from the start of the year.
Verisk shares lost 3.56% in after-hours trade following the report.
Verisk follows other major Industrials sector earnings this month
Verisk’s report follows an earnings beat by United Parcel Service on April 26, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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