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Stock impact report

Verisk (VRSK) Gains on Acquisitions Despite Operational Risks [Yahoo! Finance]

Verisk Analytics, Inc. (VRSK) 
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Company Research Source: Yahoo! Finance
VRSK reported mixed fourth-quarter 2023 results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same. Adjusted earnings were $1.4 per share, missing the Zacks Consensus Estimate by 1.4% and decreasing 2.1% year over year. Total revenues of $677.2 million surpassed the consensus estimate by 1% and increased 7.4% year over year on a reported basis and 6% on an organic constant-currency basis. How Is VRSK Doing? Acquisitions are important for Verisk's growth strategy, as it consistently invests in global companies to improve its data and analytics capabilities across various sectors. The recent acquisition of Rocket Enterprise Solutions GmbH should help VRSK to expand in Germany. The 2023 acquisition of Mavera is helping the company to expand in the European region and supporting its growth in the global insurance industry. Another acquisition Krug has expanded the claims and casualty services of Verisk across Europe. Verisk's business model and strateg Show less Read more
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