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Shareholders might have noticed that Everest Group, Ltd. (NYSE:EG) filed its quarterly result this time last week. The early response was not positive, with shares down 7.5% to US$351 in the past week. Revenues came in 9.6% below expectations, at US$3.8b. Statutory earnings per share were relatively better off, with a per-share profit of US$11.80 being roughly in line with analyst estimates. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Check out our latest analysis for Everest Group
Taking into account the latest results, the current consensus from Everest Group's five analysts is for revenues of US$18.0b in 2025. This would reflect a meaningful 9.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to increase 5.8% to US$67.34. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$18.6b and earnings per share (EPS) of US$67.58 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.
The average price target was steady at US$445even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Everest Group at US$517 per share, while the most bearish prices it at US$383. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Everest Group's revenue growth is expected to slow, with the forecast 7.4% annualised growth rate until the end of 2025 being well below the historical 14% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.2% annually. Even after the forecast slowdown in growth, it seems obvious that Everest Group is also expected to grow faster than the wider industry.