Verisk Analytics Inc. (NASDAQ:VRSK) has reported impressive
full-year results and fourth-quarter earnings for 2024. The company has recorded strong earnings growth and announced a dividend increase. VRSK further reported Q4 revenues of
$736 million, surpassing estimates. Notably, the substantial earnings led to an upward adjustment of the price target by several analysts including BMO Capital and Argus. Furthermore, the investors' confidence is reflected in the company's soaring share prices to an all-time
high of $297.09. Despite the positive performance, some concerns were raised over the company's 2025 outlook, which is projected to fall short of estimates due to high interest costs. Nonetheless,
Verisk's underlying earnings growth over the last five years continues to outperform its stock performance. On the management side, VRSK has appointed
Dorothy Kelly as Vice President of
Innovation and made strategic portfolio decisions such as the divestiture of its AER Unit to JANUS.
Verisk Analytics VRSK News Analytics from Tue, 21 May 2024 14:20:23 GMT to Sat, 01 Mar 2025 13:55:22 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -3
