Verisk Earnings, Revenue Beat in Q4
Investing.com - Verisk (NASDAQ:VRSK) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Verisk announced earnings per share of $1.13 on revenue of $676.8M. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $669.32M. That with comparison to EPS of $1.04 on revenue of $613.9M in the same period a year before. Verisk had reported EPS of $1.12 on revenue of $652.7M in the previous quarter. Analysts are expecting EPS of $1.14 and revenue of $683.98M in the upcoming quarter.
Verisk shares are up 14.88% from the beginning of the year , still down 0.04% from its 52 week high of $171.63 set on February 14. They are outperforming the Nasdaq which is up 7.67% year to date.
Verisk's report follows an earnings beat by Mastercard on January 29, who reported EPS of $1.96 on revenue of $4.41B, compared to forecasts EPS of $1.87 on revenue of $4.4B.
HSBC ADR had missed expectations on Tuesday with fourth quarter EPS of $-1.35 on revenue of $13.6B, compared to forecast for EPS of $0.58 on revenue of $13.45B.
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