Verisk Analytics IncVRSK
▼ NegativeCapitalrelevance
Net income dropped to $228.6M from $253.3M, and adjusted EPS of $1.98 missed expectations, with guidance implying lower margins.
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Climate Adaptation & Water
Verisk Analytics IncVerisk Analytics reported a decline in second-quarter net income to $228.6 million, or $1.75 per share, from $253.3 million, or $1.81 per share, a year earlier. Adjusted earnings, which exclude certain items, came in at $259.3 million, or $1.98 per share. Revenue rose 4.4% to $806.3 million from $772.6 million in the prior-year quarter. The company issued full-year earnings per share guidance of $7.45 to $7.75 and revenue guidance of $3.190 billion to $3.240 billion.
Verisk Analytics IncNet income dropped to $228.6M from $253.3M, and adjusted EPS of $1.98 missed expectations, with guidance implying lower margins.