Verisk Reports Fourth-Quarter 2020 Financial Results
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Verisk Analytics (VRSK) Misses Q4 EPS by 3c, Revenues Miss
February 23, 2021 4:14 PM ESTVerisk Analytics (NASDAQ: VRSK) reported Q4 EPS of $1.27, $0.03 worse than the analyst estimate of $1.30. Revenue for the quarter came in at $713 million versus the consensus estimate of $716.77 million.
Consolidated revenues were $713 million for the fourth quarter of 2020, up 5.4%, and up 3.5% on an organic constant currency (OCC) basis.Net income was $176 million for the fourth quarter of 2020, up 33.3%. Adjusted EBITDA, a non-GAAP measure, was $344 million, up 7.9%, and up 4.9% on an OCC basis.Diluted GAAP earnings per share (GAAP EPS)... More