How did PRE's Q4 forecast compare to past quarters?
4/13/2025 05:11pm
PRE's Q4 forecast showed a significant improvement in estimated EPS and revenue compared to the previous quarter's forecasts, as well as to the same quarter in the previous year.
1. **Comparison to Previous Quarter's Forecasts**:
- The estimated EPS for Q4 2024 was $39.13, which is higher than the estimated EPS of $18.97 for Q3 2024.
- The estimated revenue for Q4 2024 was $2.27 billion, which is greater than the estimated revenue of $1.26 billion for Q3 2024.
2. **Comparison to Same Quarter in Previous Year**:
- The estimated EPS for Q4 2024 ($39.13) is significantly higher than the estimated EPS for Q4 2023 ($18.94).
- The estimated revenue for Q4 2024 ($2.27 billion) is also higher than the estimated revenue for Q4 2023 ($1.81 billion).
Overall, PRE's Q4 forecast reflects a strong financial performance compared to the immediate past quarter and the same quarter in the previous year. This indicates a positive outlook for the company's financial results in the upcoming quarter.