Verisk Analytics (VRSK) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $0.75 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.76. The company posted revenue of $492.70 million in the period, compared to analysts expectations of $559.99 million. The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.
Many Wall Street Analysts have commented on Verisk Analytics. Verisk Analytics was Initiated by Sterne Agee CRT to “Neutral” on Mar 22, 2016.
Verisk Analytics opened for trading at $77.68 and hit $78.1672 on the upside on Monday, eventually ending the session at $77.78, with a gain of 0.26% or 0.2 points. The heightened volatility saw the trading volume jump to 5,01,647 shares. Company has a market cap of $13,070 M.
In a different news, on Apr 5, 2016, Vincent De P. Mccarthy (SVP, Corp Dev & Strategy) sold 2,400 shares at $78.80 per share price. According to the SEC, on Nov 2, 2015, Scott G Stephenson (CEO and President) sold 85,744 shares at $70.72 per share price. On Aug 21, 2015, David B Wright (director) sold 18,164 shares at $76.15 per share price, according to the Form-4 filing with the securities and exchange commission.
Verisk Analytics Inc. is a provider of information about risk to professionals in insurance healthcare financial services Government supply chain and risk management. The Company provides predictive analytics and decision-support solutions in fraud prevention actuarial science insurance coverages fire protection catastrophe and weather risk profitability optimization data management among others. The Company operates in two segments: Risk Assessment and Decision Analytics. The Company’s Risk Assessment segment serves its P&C insurance customers and focuses on the first two decision making processes in its Risk Analysis Framework: prediction of loss and selection and pricing of risk. The Company’s Decision Analytics segment provides P&C insurance solutions to P&C insurers in the United States.