Arch Capital Group Ltd (ACGL, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $3.90 billion, and the earnings are expected to come in at $1.98 per share. The full year 2024's revenue is expected to be $16.04 billion and the earnings are expected to be $9.83 per share. More detailed estimate data can be found on the Forecast page.
Arch Capital Group Ltd (ACGL, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Arch Capital Group Ltd (ACGL) have declined from $16.12 billion to $16.04 billion for the full year 2024, and from $18.15 billion to $18.12 billion for 2025. Earnings estimates for Arch Capital Group Ltd (ACGL) have increased from $8.80 per share to $9.83 per share for the full year 2024, and from $9.14 per share to $9.34 per share for 2025.
Arch Capital Group Ltd (ACGL, Financial) Reported History
In the previous quarter of 2024-06-30, Arch Capital Group Ltd's (ACGL) actual revenue was $3.78 billion, which missed analysts' revenue expectations of $3.95 billion by -4.22%. Arch Capital Group Ltd's (ACGL) actual earnings were $3.30 per share, which beat analysts' earnings expectations of $2.16 per share by 53.13%. After releasing the results, Arch Capital Group Ltd (ACGL) was down by -2.46% in one day.
Arch Capital Group Ltd (ACGL, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 16 analysts, the average target price for Arch Capital Group Ltd (ACGL) is $122.38 with a high estimate of $141 and a low estimate of $98. The average target implies an upside of 15.83% from the current price of $105.65.
Based on GuruFocus estimates, the estimated GF Value for Arch Capital Group Ltd (ACGL, Financial) in one year is $115.34, suggesting an upside of 9.17% from the current price of $105.65.
Based on the consensus recommendation from 18 brokerage firms, Arch Capital Group Ltd's (ACGL, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
