Verisk Reports Third-Quarter 2020 Financial Results
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Verisk Analytics (VRSK) Tops Q3 EPS by 12c, Revenues Beat
November 4, 2020 4:15 PM ESTVerisk Analytics (NASDAQ: VRSK) reported Q3 EPS of $1.32, $0.12 better than the analyst estimate of $1.20. Revenue for the quarter came in at $703 million versus the consensus estimate of $691.76 million.
Consolidated revenues were $703 million, up 7.6%, and up 3.6% on an organic constant currency (OCC) basis for the third quarter of 2020. Net income was $186 million, up 466% for the third quarter of 2020. Adjusted EBITDA, a non-GAAP measure, was $366 million, up 18.4%, and up 14.8%... More