| EG |
Report |
Operating EPS |
BEAT |
pred ~$16.35 vs. cons $15.80 |
MEDIUM |
| EG |
Report |
Group combined ratio |
BEAT |
pred ~90.7% vs. cons 91.6% |
MEDIUM |
| EG |
Report |
Net investment income |
BEAT |
pred ~$525 million vs. cons $500 million |
MEDIUM |
| EG |
Guide |
3Q26 common-share repurchases |
UNCHANGED |
guide ~$300 million vs. cons $300 million (3Q26) |
HIGH |
| EG |
Guide |
Florida property-cat renewal rate change |
BETTER |
guide ~-13% vs. cons -15% (6/1 2026 renewals) |
MEDIUM |
| EG |
Guide |
2026 retail-exit restructuring charges |
UNCHANGED |
guide ~$150 million vs. cons $150 million (FY2026) |
HIGH |
| EG |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.1% |
— |
MEDIUM |
| EG |
Return |
5-day cumulative residual |
-0.8% (FADE) |
A ~$16.35 EPS beat versus $15.80 consensus and a ~90.7% combined ratio versus 91.6% should initially support the shares, but ~-13% Florida rate pressure versus -15% consensus still implies lower earned premium and less favorable out-period property-cat economics. With the stock already near $399 and buybacks guided only around $300 million versus $300 million consensus, 2027 underwriting estimates are likely to see modest cuts after the initial beat. |
MEDIUM |