NASDAQ$VRSK
Verisk Analytics · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Verisk demonstrated strong financial performance, driven by growth in underwriting and claims, and increased financial outlook for 2023.
Verisk reported a strong second quarter with a 10.1% increase in consolidated revenues, reaching $675.0 million. Income from continuing operations rose by 17.7% to $204.3 million, and diluted GAAP earnings per share increased by 8.9% to $1.35. The company raised its financial outlook for 2023, expecting consolidated revenue to be in the range of $2.63 billion to $2.66 billion, adjusted EBITDA to be in the range of $1.39 billion to $1.43 billion, and diluted adjusted EPS to be between $5.50 and $5.70.
- Consolidated revenues increased by 10.1% to $675.0 million, with organic constant currency growth of 9.8%.
- Income from continuing operations grew by 17.7% to $204.3 million.
- Diluted GAAP earnings per share increased by 8.9% to $1.35.
- Free cash flow increased by 120.8% to $134.7 million.
Headline financials
Revenue & EPS history
Verisk · Revenue · Quarterly
$675M
Forward guidance
Verisk is increasing its financial outlook for 2023.
Tailwinds
- Consolidated revenue to be in the range of $2.63 billion to $2.66 billion.
- Adjusted EBITDA to be in the range of $1.39 billion to $1.43 billion.
- Diluted adjusted EPS to be between $5.50 and $5.70.
- Adjusted EBITDA margins are unchanged at 53-54%.
- Company is confident in its ability to deliver on its growth strategy and margin expansion commitments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+2.4%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+9.5%
Q3 2012
Best reaction
-10.8%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.0% | +1.1% | -1.0% | |
| Q4 2025 | +1.7% | +2.4% | +13.8% | |
| Q3 2025 | -10.4% | -7.2% | -3.0% | |
| Q1 2025 | +4.6% | +2.5% | +7.9% | |
| Q4 2024 | -3.9% | +0.5% | -1.7% | |
| Q3 2024 | +4.2% | +5.1% | +11.6% | |
| Q2 2024 | -8.6% | -8.3% | -4.6% | |
| Q1 2024 | +7.2% | +11.0% | +16.0% | |
| Q4 2023 | -3.4% | -2.2% | -5.5% | |
| Q3 2023 | +1.1% | +1.5% | +6.8% | |
| Q2 2023 | +0.5% | +1.9% | +5.9% | |
| Q1 2023 | +8.9% | +11.2% | +17.1% | |
| Q4 2022 | +2.8% | +8.7% | +11.0% | |
| Q3 2022 | -7.4% | -8.9% | +1.8% | |
| Q2 2022 | +4.4% | +5.0% | -0.1% | |
| Q1 2022 | -4.3% | -8.3% | -13.0% | |
| Q4 2021 | -6.2% | -5.2% | +10.0% | |
| Q3 2021 | +2.6% | +2.7% | +8.1% | |
| Q2 2021 | -1.3% | -1.0% | +7.7% | |
| Q1 2021 | -8.4% | -5.2% | -8.9% | |
| Q4 2020 | -10.0% | -12.0% | -6.2% | |
| Q3 2020 | +3.4% | +4.4% | +4.1% | |
| Q2 2020 | -0.2% | +2.2% | +0.2% | |
| Q1 2020 | +0.5% | +3.3% | +6.5% | |
| Q4 2019 | -1.0% | -1.6% | -20.4% | |
| Q3 2019 | -0.4% | -2.1% | -0.0% | |
| Q2 2019 | -0.6% | +0.4% | +5.4% | |
| Q1 2019 | -0.3% | +2.0% | +0.1% | |
| Q4 2018 | -2.0% | -0.3% | +3.5% | |
| Q3 2018 | +4.7% | +0.9% | +8.2% | |
| Q2 2018 | +4.9% | +4.5% | +8.7% | |
| Q1 2018 | -6.1% | -3.8% | -0.2% | |
| Q4 2017 | +0.4% | +2.8% | +5.3% | |
| Q3 2017 | +6.1% | +7.5% | +13.8% | |
| Q2 2017 | -3.9% | -5.0% | -7.1% | |
| Q1 2017 | -7.3% | -3.6% | -1.9% | |
| Q4 2016 | -3.1% | -1.1% | -5.8% | |
| Q3 2016 | +0.8% | +0.3% | +1.0% | |
| Q2 2016 | -6.4% | -3.2% | -1.8% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q3 2015 | -10.8% | — | — | |
| Q2 2015 | +7.8% | — | — | |
| Q1 2015 | +5.4% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | -1.5% | — | — | |
| Q2 2014 | -3.0% | — | — | |
| Q1 2014 | +4.2% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | -9.3% | — | — | |
| Q2 2013 | +5.1% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | +8.1% | — | — | |
| Q3 2012 | +9.5% | — | — | |
| Q2 2012 | -5.1% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q2 2011 | +3.2% | — | — | |
| Q4 2011 | +3.2% | — | — | |
| Q4 2009 | +3.2% | — | — | |
| Q3 2010 | +1.8% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q2 2010 | +1.9% | — | — | |
| Q4 2010 | +2.3% | — | — | |
| Q1 2010 | +2.3% | — | — | |
| Q1 2011 | +2.3% | — | — |
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