W.R. Berkley posts Q3 2026 earnings beat on EPS, revenue miss
W.R. Berkley Corp reported third‑quarter 2026 results on Oct. 19. Net income to common shareholders was $446.0 million, delivering non‑GAAP EPS of $1.17, which topped estimates by $0.01‑$0.02. Revenue measured by net premiums written was $3.27 billion, falling short of the $3.80‑$3.82 billion consensus. The insurer posted operating return on equity of 18.8% and a GAAP combined ratio of 90.8% (88.1% excluding catastrophe losses). It also repurchased $435.1 million of shares year‑to‑date.
Why it matters
The EPS beat may support the stock’s near‑52‑week high, while the revenue shortfall could pressure analysts’ price targets (the mean target of $69.06 implies an 8% downside). The share repurchase provides additional capital return to shareholders, as noted by the company.
Key facts
- 1Net income to common stockholders was $446,005 thousand for Q3 2026. tradingview.com
- 2Non‑GAAP EPS was $1.17 per diluted share. tradingview.com
- 3Net premiums written were $3,267,602 thousand. tradingview.com
- 4Gross premiums written were $3,951,788 thousand. tradingview.com
- 5Operating return on equity was 18.8% (annualized). tradingview.com
- 6GAAP combined ratio was 90.8%; the accident‑year combined ratio excluding catastrophe losses was 88.1%. tradingview.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.