Everest Re (RE) Reports Q4 EPS of $13.85, Beats on Revenues

Everest Re (NYSE: RE) reported Q4 EPS of $13.85, versus $5.17 reported last year. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.53 billion.

• Everest Re Group, Ltd. reported fourth quarter 2017 net income of $571.0 million, or $13.85 per diluted common share, compared to net income of $373.6 million, or $9.08 per diluted common share, for the fourth quarter of 2016.
• After-tax operating income1, excluding realized capital gains and losses and the tax charge related to the enactment of the Tax Cuts and Jobs Act of 2017 (TCJA), was $556.0 million, or $13.48 per diluted common share, for the fourth quarter of 2017, compared to after-tax operating income¹ of $363.4 million, or $8.83 per diluted common share, for the same period last year.

For earnings history and earnings-related data on Everest Re (RE) click here.

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