Earnings Outlook For XL Group

On Thursday, XL Group XL will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.

Earnings and Revenue

Wall Street analysts see XL Group reporting earnings of 38 cents per share on revenue of $3.13 billion.

In the same quarter last year, XL Group reported earnings per share of 47 cents on revenue of $2.45 billion. If the company were to match the current consensus estimate when it reports Thursday, sales would be up 27.39 percent from the same quarter last year.

Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -3.91 0.88 0.44 0.39
EPS Actual -4 0.96 0.5 0.47

 

Q4 EPS Estimate: 38 cents per share
Q4 Revenues Estimate: $3.13 billion

Stock Performance

Shares of XL Group were trading at $36.62 as of Feb. 1. Over the last 52-week period, shares are down 2.14 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with XL Group. The strength of this rating has risen over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. XL Group's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: http://xlgroup.com/xl-investor-relations

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