Verisk to Announce Fiscal Fourth-Quarter 2024 and Full-Year 2024 Results on February 26, 2025

Verisk Analytics, a leading global data analytics and technology provider, is set to announce its fiscal fourth-quarter 2024 and full-year 2024 results on February 26, 2025. The company's financial performance in Q4 2024 and FY 2024 has shown significant growth compared to previous quarters and years, driven by increased demand for its services and products. Here's a closer look at Verisk's financial performance and the key drivers behind its growth.

Financial Performance in Q4 2024 and FY 2024

* Revenue growth: Verisk's revenue grew by 9.53% in Q4 2024 compared to Q4 2023, and by 7.52% for the full year 2024 compared to 2023. This is higher than the revenue growth rates in the previous years, such as 8.85% in Q4 2023 and 7.38% in 2023.
* EPS growth: Verisk's earnings per share (EPS) grew by 61.32% in Q4 2024 compared to Q4 2023, and by 10.45% for the full year 2024 compared to 2023. This is significantly higher than the EPS growth rates in the previous years, such as 59.49% in Q4 2023 and 40.78% in 2023.
* Forward PE ratio: Verisk's forward PE ratio was 41.85 in Q4 2024, which is lower than the previous year's forward PE ratio of 43.89 in Q4 2023. This indicates that Verisk's stock may be relatively undervalued compared to the previous year.



Key Drivers Behind Verisk's Financial Performance

1. Revenue Growth: Verisk's revenue growth can be attributed to increased demand for its services and products, driven by the insurance market, which accounted for 97.6% of its revenue. The company's expansion into new markets and the introduction of new products and services have also contributed to its revenue growth.
2. Earnings Growth: Verisk's earnings growth is driven by its ability to efficiently generate return on equity (ROE) of 419.48%, which is much higher than the industry average of 180.3% and the US market average of 67.31%. This indicates that the company has been able to operate more efficiently, likely due to improved processes, cost-cutting measures, or other operational enhancements.
3. Expansion into New Markets: Verisk's expansion into new markets, such as energy and specialized markets, has contributed to its revenue growth. These new markets accounted for 0.9% of Verisk's revenue in Q4 2024, indicating that the company is successfully diversifying its revenue streams.
4. Product Innovation: Verisk's continued investment in research and development has led to the introduction of new products and services, which have contributed to its revenue growth. The company's ability to innovate and adapt to changing market demands has been a key driver of its financial performance.

Verisk's strong financial performance in Q4 2024 and FY 2024 is a testament to the company's ability to capitalize on market trends and adapt to changing customer needs. As Verisk continues to expand its product offerings and enter new markets, investors can expect the company to maintain its strong financial performance in the coming years.