NYSE$EG

Everest Group Ltd · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

EG Q2 2024 — $750.0M revenue

Important factors that could cause actual events or results to be materially different from our expectations are discussed in our filings with the U. Everest Group Ltd reported Q2 2024 results. Net income of $1.50B. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $750.0M.
  • Net income: $1.50B.
  • Filed on Form 10-Q (accession 0001095073-24-000037).

Headline financials

Total Revenue

$4.23B

Previous: $3.65B+15.8%
EPS

$16.70

Previous: $15.21+9.8%
Free Cash Flow

$724M

Previous: $670M+8.1%
Net Income

$724M

Previous: $670M+8.1%
Operating Income

$911M

Previous: $833M+9.4%
Gross Profit

$1.92B

Previous: $1.69B+13.4%
Stock-Based Comp

$17M

Previous: $13M+30.8%

Revenue & EPS history

Everest · Revenue · Quarterly

$4.23B

Q2 2024+15.8%vs Q2 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Everest · $2.4B total across 2 segments · Q4 2019

  • Reinsurance
    $1.64B
  • Insurance
    $759M

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 2024

Historical avgQ2 2024

+0.2%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.0%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+8.4%

Q1 2011

Best reaction

-11.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.9%+1.6%-5.9%
Q4 2025-2.3%-0.9%+0.2%
Q3 2025-11.4%-8.6%-9.3%
Q1 2025-6.0%-4.0%-3.2%
Q4 2024-1.5%-2.1%+5.3%
Q3 2024-5.6%-7.7%+2.9%
Q2 2024-5.4%-8.5%+0.7%
Q1 2024+0.5%+1.4%+4.9%
Q4 2023-6.8%-5.2%-3.4%
Q3 2023-3.5%-1.1%+4.3%
Q2 2023-2.4%-1.7%-3.7%
Q1 2023+1.1%-0.7%-10.0%
Q4 2022+6.6%+7.6%+0.5%
Q3 2022+6.6%+14.0%+18.1%
Q2 2022-5.0%-7.2%+0.4%
Q1 2022+1.5%-0.4%+2.3%
Q4 2021+0.4%+0.9%-6.5%
Q3 2021-6.7%-7.4%-6.4%
Q2 2021+1.0%+4.0%+9.3%
Q1 2021+2.0%+1.9%-2.7%
Q4 2020+6.2%+11.0%+14.0%
Q3 2020+0.4%+9.9%+19.0%
Q2 2020+3.0%+6.8%-0.7%
Q1 2020+3.6%+6.7%+34.8%
Q4 2019+3.2%+3.1%-19.3%
Q3 2019+3.1%+4.3%+9.7%
Q2 2019-3.0%-6.3%-7.7%
Q1 2019+3.4%+4.2%+6.1%
Q4 2018-4.2%-2.2%-1.6%
Q3 2018+7.1%+7.0%+5.6%
Q2 2018-3.5%-2.4%-1.5%
Q1 2018-5.2%-4.9%-7.0%
Q4 2017+5.5%+4.4%+11.3%
Q3 2017+0.2%-3.8%-6.0%
Q2 2017-1.3%-3.8%-2.7%
Q1 2017+7.8%+7.7%+5.9%
Q4 2016+2.8%+4.1%+5.2%
Q3 2016+4.6%+4.2%+8.7%
Q2 2016+1.9%+4.3%+4.5%
Q1 2016-3.9%
Q4 2015+3.3%
Q3 2015+1.3%
Q2 2015-3.9%
Q1 2015-0.6%
Q4 2014+3.2%
Q3 2014-1.0%
Q2 2014-0.5%
Q1 2014-0.5%
Q4 2013-3.3%
Q3 2013-4.4%
Q2 2013-0.8%
Q1 2013+4.8%
Q4 2012+0.8%
Q3 2012+3.2%
Q2 2012+1.5%
Q1 2012+1.0%
Q4 2011+2.1%
Q3 2011-3.3%
Q2 2011+4.0%
Q1 2010-0.6%
Q1 2011+8.4%
Q4 2010-1.4%
Q4 2008-1.4%
Q3 2010+0.5%
Q3 2009+0.5%
Q2 2010+2.1%
Q4 2009+2.1%
Q2 2009+2.1%

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