Verisk Q2 revenue slightly beats estimates on higher underwriting pricing

Overview

• US insurance data analytics firm's Q2 revenue rose 4.3%, slightly beating analyst expectations

• Q2 adjusted EPS and adjusted EBITDA both beat analyst expectations

• Company executed $200 mln accelerated share repurchase in Q2

Outlook

• Verisk sees 2026 revenue between $3.19 bln and $3.24 bln

• Company expects 2026 diluted adjusted EPS of $7.45 to $7.75

• Verisk reaffirms 2026 financial outlook and expects growth to align with Investor Day targets

Result Drivers

• UNDERWRITING PRICE INCREASES - Co said underwriting revenue rose due to annual price increases and expanded solutions in catastrophe and risk services

• CLAIMS ANALYTICS DEMAND - Claims revenue rose due to demand for anti-fraud analytics and property and restoration solutions

• HIGHER COSTS - Net income declined mainly due to a higher effective tax rate, increased net interest expense, and legal fees related to ongoing litigation

Company press release: ID:nGNE6NHDbZ

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the it services consulting peer group is "buy"

• Wall Street's median 12-month price target for Verisk Analytics Inc is $228.27, about 7.5% above its July 28 closing price of $212.26

• The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)