Alleghany Q4 Earnings Preview

On Wednesday, Alleghany Y 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 Alleghany reporting earnings of $5.40 on revenue of $1.3 billion.

Alleghany EPS in the same period a year ago totaled $7.02. Revenue was $1.23 billion. If the company were to match the consensus estimate, earnings would be down 23.08 percent. Sales would be up 4.92 percent from the same quarter last year.

The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -24.17 7.97 7.84 5.92
EPS Actual -22.03 6.37 7.29 7.02

 

Stock Performance

Over the last 52-week period, shares are down 6.67 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Alleghany stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Alleghany's Q4 conference call is scheduled to begin at 4:00 p.m. ET and can be accessed here: http://www.alleghany.com/investors-and-news/events-and-presentations/default.aspx

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