Verisk Q3 2021 Earnings Report

Reported an increase in revenue and earnings per share for the third quarter of 2021.

Key Takeaways

Verisk reported consolidated revenues of $759.0 million, up 8.0%, and net income attributable to Verisk was $201.7 million, up 8.6% for the third quarter of 2021. Diluted GAAP earnings per share attributable to Verisk were $1.24 for the third quarter of 2021, up 10.7%.

Consolidated revenues were $759.0 million, up 8.0%, and up 5.1% on an organic constant currency (OCC) basis for the third quarter of 2021.

Net income attributable to Verisk was $201.7 million, up 8.6% for the third quarter of 2021.

Diluted GAAP earnings per share (diluted EPS) attributable to Verisk were $1.24 for the third quarter of 2021, up 10.7%.

Net cash provided by operating activities was $285.2 million, up 37.7% for the third quarter of 2021. Free cash flow, a non-GAAP measure, was $223.8 million, up 57.3%.