4 Insurance Stocks Poised To Beat Earnings Estimates In Q4

Also, a sturdy capital level is expected to have widened the scope for capital deployment to pursue growth initiatives as well as reward shareholders via dividend hikes, special dividends, and share buybacks.

Choosing the Winners

Earnings ESP is our proprietary methodology for determining the stocks that have the best chance to deliver a positive earnings surprise in their next earnings announcement. Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate.

According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. The selection can be done with the help of the Zacks Stock Screener. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Our chosen stocks have the right combination of elements to deliver a positive surprise this season. Moreover, these have a solid earnings history

W.R. Berkley Corporation (WRB - Free Report) is one of the nation’s largest commercial lines property casualty insurance providers. The company offers a variety of insurance  and reinsurance services.

Zacks Rank #1. 
Earnings ESP: +2.03%
Average four-quarter positive surprise: 32.31%

W.R. Berkley Corporation Price and EPS Surprise

W.R. Berkley Corporation Price and EPS Surprise

W.R. Berkley Corporation price-eps-surprise | W.R. Berkley Corporation Quote

RenaissanceRe Holdings Ltd. (RNR - Free Report) primarily provides property-catastrophe reinsurance to insurers and reinsurers globally.
Zacks Rank #2
Earnings ESP: +18.32%
Average four-quarter positive surprise: 23.27%

RenaissanceRe Holdings Ltd. Price and EPS Surprise

RenaissanceRe Holdings Ltd. Price and EPS Surprise

RenaissanceRe Holdings Ltd. price-eps-surprise | RenaissanceRe Holdings Ltd. Quote

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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