Verisk Analytics (VRSK) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Verisk Analytics (VRSK) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $0.73 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.76. The company posted revenue of $498.30 million in the period, compared to analysts expectations of $504.47 million. The company’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.

Verisk Analytics closed down -0.26 points or -0.30% at $85.28 with 6,17,031 shares getting traded on Friday. Post opening the session at $85.58, the shares hit an intraday low of $84.95 and an intraday high of $85.61 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jul 5, 2016, Vincent De P. Mccarthy (SVP, Corp Dev & Strategy) sold 2,400 shares at $80.64 per share price. According to the SEC, on Jun 21, 2016, Kenneth E Thompson (EVP, Gen Counsel and Corp Sec) sold 43,509 shares at $80.13 per share price. On Jun 8, 2016, Mark V Anquillare (EVP and COO) sold 20,000 shares at $79.86 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.

Verisk Analytics

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