Loading...
•
Mar 31, 2022
Verisk Q1 2022 Earnings Report
Verisk's financial performance for Q1 2022 was reported, showcasing revenue growth and increased net income.
Key Takeaways
Verisk reported a 6.8% increase in consolidated revenues, reaching $775.5 million in Q1 2022. Net income attributable to Verisk increased by 199.9% to $505.7 million, and diluted EPS increased by 203.9% to $3.13.
Consolidated revenues increased by 6.8% to $775.5 million, with a 5.3% increase on an organic constant currency basis.
Net income attributable to Verisk increased by 199.9% to $505.7 million, primarily due to a $450.8 million gain from the sale of the environmental health and safety business.
Diluted GAAP earnings per share increased by 203.9% to $3.13, while diluted adjusted earnings per share increased by 8.9% to $1.34.
Free cash flow decreased by 12.8% to $339.6 million.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...