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Verisk quarterly profit beats estimates on steady data analytics demand
Verisk Analytics raised its buyback authorization to $2.5 billion and increased its quarterly dividend by 11.1% after beating Q4 earnings estimates with $1.82 EPS and $778.8 million revenue.
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Verisk Analytics (NASDAQ:VRSK) Shares Gap Up Following Better-Than-Expected Earnings
Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report)’s stock price gapped up before the market opened on Wednesday following a stronger than expected earnings report. The stock had previously closed at $177.30, but opened at $194.42. Verisk Analytics shares last traded at $181.8390, with a volume of 1,179,979 shares traded. The business services provider reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.58…
Verisk quarterly profit beats estimates on steady data analytics demand
Feb 18 : Verisk's fourth-quarter profit topped Wall Street expectations on Wednesday on the back of steady demand for its data analytics offerings, sending its shares up nearly 10 per cent before the bell.The New Jersey-based insurance-focused firm has benefited from insurers increasingly turning to its data
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