Arch Capital Group Ltd. Reports 2016 Second Quarter Results
BusinessWire - Wed Jul 27, 3:04PM CDT
Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income available to Arch common shareholders for the 2016 second quarter was $205.6 million, or $1.65 per share, compared to $110.3 million, or $0.88 per share, for the 2015 second quarter. The Company's net income available to Arch common shareholders represented an annualized return on average common equity of 13.2% for the 2016 second quarter, compared to 7.5% for the 2015 second quarter. For the trailing twelve months ended June 30, 2016, net income available to Arch common shareholders produced a 7.9% return on average common equity. The Company's book value per common share was $52.04 at June 30, 2016, a 4.4% increase from $49.87 per share at March 31, 2016 and a 9.6% increase from $47.49 per share at June 30, 2015. All earnings per share amounts discussed in this release are on a diluted basis.
ACGL: 73.11 (+0.48)
Arch Capital beats 1Q profit forecasts
Automated Insights - Wed Apr 27, 5:05PM CDT
PEMBROKE, Bermuda (AP) _ Arch Capital Group Ltd. (ACGL) on Wednesday reported first-quarter net income of $154.8 million.
ACGL: 73.11 (+0.48)
Arch Capital Group Ltd. Reports 2016 First Quarter Results
BusinessWire - Wed Apr 27, 3:04PM CDT
Arch Capital Group Ltd. (NASDAQ:ACGL) reports that net income available to Arch common shareholders for the 2016 first quarter was $149.3 million, or $1.20 per share, compared to $277.9 million, or $2.16 per share, for the 2015 first quarter. The Company also reported after-tax operating income available to Arch common shareholders of $145.7 million, or $1.17 per share, for the 2016 first quarter, compared to $149.8 million, or $1.17 per share, for the 2015 first quarter (see note 1). The Company's after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 9.7% for the 2016 first quarter, compared to 10.2% for the 2015 first quarter. For the trailing twelve months ended March 31, 2016, after-tax operating income available to Arch common shareholders produced a 9.3% return on average common equity while net income available to Arch common shareholders produced a 6.4% return on average common equity. The Company's book value per common share was $49.87 at March 31, 2016, a 4.0% increase from $47.95 per share at December 31, 2015 and a 4.3% increase from $47.80 per share at March 31, 2015. All earnings per share amounts discussed in this release are on a diluted basis.
ACGL: 73.11 (+0.48)
Is Waste Management (WM) Set for a Beat in Q1 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 2:24PM CDT
Waste Management, Inc.(WM) is scheduled to report first-quarter 2016 results before the opening bell on Apr 28. Waste Management's Zacks Rank #2 when combined with a positive ESP makes us confident of a positive earnings surprise.
AXE: 59.46 (-1.82), BYD: 19.44 (-0.17), ACGL: 73.11 (+0.48), WM: 66.48 (+0.36)
Will Stericycle (SRCL) Disappoint in Q1 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 11:19AM CDT
Stericycle, Inc. (SRCL) is scheduled to report first-quarter 2016 results after the closing bell on Apr 28.
AXE: 59.46 (-1.82), BYD: 19.44 (-0.17), SRCL: 89.37 (-0.90), ACGL: 73.11 (+0.48)
What's in Store for VASCO (VDSI) This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 11:14AM CDT
VASCO Data Security International Inc. (VDSI) is set to report first-quarter 2016 results after the market closes on Apr 28, 2016.
AXE: 59.46 (-1.82), VDSI: 17.02 (+0.31), BYD: 19.44 (-0.17), ACGL: 73.11 (+0.48)
Republic Services (RSG) Q1 Earnings: A Surprise in Store?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 9:16AM CDT
Premier waste management firm Republic Services, Inc. (RSG) is scheduled to report first-quarter 2016 results, after the closing bell on Apr 28.
AXE: 59.46 (-1.82), BYD: 19.44 (-0.17), RSG: 51.21 (-0.05), ACGL: 73.11 (+0.48)
Will Q1 Earnings Hold a Surprise for Nasdaq (NDAQ) Stock?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 6:57AM CDT
Nasdaq, Inc. (NDAQ) is set to report first-quarter 2016 results on Apr 27, before the market opens.
VR: 49.52 (+0.09), ACGL: 73.11 (+0.48), NDAQ: 71.42 (+0.66), CNA: 31.01 (-0.82)
Will Tyco (TYC) Q2 Earnings Surprise on Portfolio Reshuffle?
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 5:09PM CDT
Tyco International Ltd. (TYC) is scheduled to report second-quarter fiscal 2016 results before the opening bell on Apr 29. Tyco's Zacks Rank when combined with a 0.00% ESP makes an earnings beat prediction uncertain.
AXE: 59.46 (-1.82), TYC: 45.76 (+0.19), BYD: 19.44 (-0.17), ACGL: 73.11 (+0.48)
What Awaits Skyworks Solutions (SWKS) in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 7:20AM CDT
Skyworks (SWKS) is scheduled to report second-quarter fiscal 2016 results after the closing bell on Apr 28. Skyworks' Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes an earnings beat uncertain this quarter.
AXE: 59.46 (-1.82), SWKS: 66.14 (+0.12), BYD: 19.44 (-0.17), ACGL: 73.11 (+0.48)
Arch Capital Group Ltd. to Report 2016 First Quarter Results on April 27, 2016
BusinessWire - Tue Apr 05, 8:30AM CDT
Arch Capital Group Ltd. (NASDAQ:ACGL) announced that it expects to release its 2016 first quarter results after the close of regular stock market hours on Wednesday, April 27, 2016. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern Time on Thursday, April 28, 2016.
ACGL: 73.11 (+0.48)
New Report Finds Home Prices Likely to Continue Rising, with Possible Exception of a Few Energy-Extraction Areas
BusinessWire - Tue Apr 05, 8:17AM CDT
The likelihood of home price declines across the United States over the next two years remains low at 5 percent, according to Spring 2016 Housing and Mortgage Market Review published by Arch Mortgage Insurance Company ("Arch MI"
ACGL: 73.11 (+0.48)
A.M. Best Assigns Ratings to Watford Specialty Insurance Company
BusinessWire - Mon Mar 28, 3:18PM CDT
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of "a-" to Watford Specialty Insurance Company (WSIC) (Morristown, NJ). The outlook assigned to both ratings is stable. WSIC is a wholly owned subsidiary of Watford Re Ltd.
ACGL: 73.11 (+0.48)
Robert Clements Statue Unveiled in Bermuda
BusinessWire - Tue Mar 15, 7:00AM CDT
Arch Capital Group Ltd. is proud to be one of the sponsors of the bust of Robert Clements to be unveiled today at The Robert Clements Walkway between the Chubb Building (formerly ACE) and the XL O'Hara House in Bermuda. The bust, which is sponsored by Arch, Chubb, Integro, Ironshore and XL Catlin, commemorates Robert Clements, a key figure in developing the Bermuda insurance and reinsurance markets.
ACGL: 73.11 (+0.48)
Fitch Affirms Arch Capital's Ratings; Outlook Stable
BusinessWire - Tue Mar 08, 2:10PM CST
Fitch Ratings has affirmed Arch Capital Group Ltd.'s (ACGL) Issuer Default Rating (IDR) at 'A' and the ratings on ACGL's senior unsecured notes and preferred shares at 'A-' and 'BBB+', respectively. Additionally, Fitch has affirmed the Insurer Financial Strength (IFS) ratings of ACGL's various subsidiaries at 'A+'. The Rating Outlook is Stable. A complete list of ratings is provided at the end of this release.
ACGL: 73.11 (+0.48)
Arch Capital Group Ltd. Reports 2015 Fourth Quarter Results
BusinessWire - Tue Feb 09, 3:05PM CST
Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income available to Arch common shareholders for the 2015 fourth quarter was $53.1 million, or $0.42 per share, compared to $209.7 million, or $1.60 per share, for the 2014 fourth quarter. The Company also reported after-tax operating income available to Arch common shareholders of $143.6 million, or $1.15 per share, for the 2015 fourth quarter, compared to $150.2 million, or $1.15 per share, for the 2014 fourth quarter. The Company's after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 9.8% for the 2015 fourth quarter, compared to 10.4% for the 2014 fourth quarter. For the year ended December 31, 2015, after-tax operating income available to Arch common shareholders produced a 9.7% return on average common equity while net income available to Arch common shareholders produced an 8.8% return on average common equity. The Company's book value per common share was $47.95 at December 31, 2015, a 0.6% increase from $47.68 per share at September 30, 2015 and a 5.2% increase from $45.58 per share at December 31, 2014.
ACGL: 73.11 (+0.48)
Can Assurant (AIZ) Maintain its Earnings Streak This Season?
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 2:40PM CST
We expect Assurant Inc. (AIZ) to beat expectations when it reports fourth-quarter results on Feb 8, after the market closes
PRE: 140.52 (+0.04), AIZ: 83.25 (+0.24), PRU: 74.85 (-0.44), ACGL: 73.11 (+0.48)
CNA Financial (CNA): What's in Store This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Fri Feb 05, 2:00PM CST
CNA Financial Corporation (CNA) is set to report fourth-quarter 2015 results on Feb 8, before the market opens. Let's see how things are shaping up for this announcement.
PRE: 140.52 (+0.04), AIZ: 83.25 (+0.24), ACGL: 73.11 (+0.48), CNA: 31.01 (-0.82)