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Verisk Analytics' Q1 Adjusted Earnings, Revenue Rise; 2024 Guidance Reaffirmed
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Verisk Analytics' Q1 Adjusted Earnings, Revenue Rise; 2024 Guidance Reaffirmed
May 1, 2024 5:09 AM

07:48 AM EDT, 05/01/2024 (MT Newswires) -- Verisk Analytics ( VRSK ) reported Q1 adjusted earnings Wednesday of $1.63 per diluted share, up from $1.29 a year earlier.

Analysts polled by Capital IQ expected $1.52.

Revenue for the quarter ended March 31 was $704 million, up from $651.6 million a year earlier.

Analysts surveyed by Capital IQ expected $699.5 million.

The data analytics company said it continues to expect fiscal 2024 adjusted earnings of $6.30 to $6.60 per diluted share. Analysts polled by Capital IQ expect $6.51.

Revenue for the year is still expected between $2.84 billion and $2.9 billion. Analysts surveyed by Capital IQ expect $2.88 billion.

Additionally, Verisk said it has maintained a cash dividend of $0.39 per share, payable on June 28 to shareholders of record on June 15.

Price: 219.49, Change: +1.53, Percent Change: +0.70

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