arBtrage CAPITALIZING MARKETS — checking… Sign in Sign up
Calendar /

W.R. Berkley Corporation

WRB Finance Property-Casualty Insurers
$75.55
▲ +3.3% Today
as of Oct 22, 16:53 ET
Last 30 days +6.60% Sep 14 → Oct 22
$66.12 $68.65 $71.19 $73.72 $76.25 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$74.96
High
$75.88
Low
$74.62
Volume
$2M
Avg Vol
$3M
Mkt Cap
$25.9B
P/E (TTM)
20.17
Beta
—
52w High
$78.96
52w Low
$62.87
Div Yield
—
Shares Out
$371M

Recent Press Releases & News last 60 days · 14 items

Oct 20 · 22:10 Simply Wall St.
W. R. Berkley (WRB) Stock Slips As Q3 Earnings Lean On Underwriting Quality
Oct 20 · 18:21 StockStory
WRB Q3 Deep Dive: Technology Efficiency Offsets Margin Pressures, Reinsurance Shrinks
Oct 20 · 14:28 Motley Fool
W. R. Berkley (WRB) Q3 2026 Earnings Call Transcript
▸ Show all 14 press releases & news Free account →

WRB earnings at a glance

The options market is pricing a move of about ±3.0% after the report, a range of roughly $73.30 to $77.80 from today's $75.55. Over its last 6 reports the stock rose the next day 5 times and fell 1, moving ±2.2% on average; after the most recent report on Jul 20, 2026 it moved -0.8%. That means options currently expect more movement than WRB has typically delivered. WRB beat the consensus EPS estimate in 4 of its last 6 reported quarters. Implied volatility is currently 25%. The share price of $75.55 sits in the middle of its 52-week range.

More Finance stocks · All stocks · Earnings calendar

Overview

52-week range
$63
$79
79% of range
Avg surprise (last 6)
+5.9%
Avg reaction (last 6)
+1.9%
83% positive
Latest IV / EM
25%
EM ±3.0% · $72 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.82$0.94$1.06$1.18$1.30 Actual $1.06Actual $0.87Actual $0.82Actual $1.09Actual $0.92Actual $0.91Actual $1.01Est $1.01Actual $1.05Est $1.03Actual $1.10Est $1.07Actual $1.13Est $1.14Actual $1.30Est $1.13Actual $1.27Est $1.09 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$989M$2.0B$3.0B$4.0B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Mon Jul 20, 2026Jun/2026 $1.27 $1.09 +16.5% +3.8% -0.8% earnings
Tue Apr 21, 20268K 2026-04-21 $1.30 $1.13 +15.0% — +3.2% earnings
Mon Jan 26, 20268K 2026-01-26 $1.13 $1.14 -0.9% — +0.5% earnings
Mon Oct 20, 2025Sep/2025 $1.10 $1.07 +2.8% — +2.1% earnings
Mon Jul 21, 2025Jun/2025 $1.05 $1.03 +1.9% — +1.1% earnings
Mon Apr 21, 2025Mar/2025 $1.01 $1.01 0.0% — +5.2% earnings
Mon Sep 30, 2024Sep 2024 $0.91 — — — — financials
Sun Jun 30, 2024Jun 2024 $0.92 — — — — financials
Sun Mar 31, 2024Mar 2024 $1.09 — — — — financials
Sat Sep 30, 2023Sep 2023 $0.82 — — — — financials
Fri Jun 30, 2023Jun 2023 $0.87 — — — — financials
Fri Mar 31, 2023Mar 2023 $1.06 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$3.72B$3.69B—$3.77B$3.67B$3.55B—$3.40B
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$452M$515M—$511M$401M$418M—$366M
EPS (diluted)$1.15$1.31—$1.28$1.00$1.04—$0.91

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$2.61B$2.28B$2.54B$2.40B$1.98B$1.72B$1.97B$1.57B
Inventory————————
Total current assets————————
Total assets$45.68B$44.32B$43.93B$43.72B$42.66B$41.35B$40.45B$40.36B
Long-term debt————————
Total liabilities$35.83B$34.56B$34.21B$33.91B$33.35B$32.42B$32.04B$31.92B
Total equity$9.83B$9.74B$9.70B$9.80B$9.29B$8.91B$8.40B$8.43B

Implied volatility — last 90 days

18%33%48%63%78% Jun 07 — IV 38% · EM ±5.2%Jun 08 — IV 33% · EM ±4.4%Jun 09 — IV 25% · EM ±3.1%Jun 10 — IV 24% · EM ±2.8%Jun 11 — IV 24% · EM ±2.7%Jun 12 — IV 23% · EM ±2.3%Jun 15 — IV 48% · EM ±3.5%Jun 16 — IV 67% · EM ±3.9%Jun 19 — IV 19% · EM ±4.1%Jun 22 — IV 20% · EM ±4.1%Jun 23 — IV 18% · EM ±3.7%Jun 24 — IV 41% · EM ±8.2%Jun 25 — IV 22% · EM ±4.3%Jun 26 — IV 61% · EM ±11.6%Jun 29 — IV 19% · EM ±3.3%Jun 30 — IV 18% · EM ±3.2%Jul 01 — IV 44% · EM ±7.3%Jul 02 — IV 22% · EM ±3.6%Jul 03 — IV 23% · EM ±3.6%Jul 06 — IV 20% · EM ±2.7%Jul 07 — IV 19% · EM ±2.5%Jul 08 — IV 25% · EM ±3.2%Jul 09 — IV 22% · EM ±2.6%Jul 10 — IV 19% · EM ±2.1%Jul 13 — IV 35% · EM ±2.9%Jul 14 — IV 44% · EM ±3.2%Jul 15 — IV 42% · EM ±2.5%Jul 16 — IV 30% · EM ±1.3%Jul 20 — IV 28% · EM ±6.7%Jul 21 — IV 24% · EM ±5.6%Jul 22 — IV 22% · EM ±5.0%Jul 23 — IV 24% · EM ±5.5%Jul 24 — IV 25% · EM ±5.5%Jul 27 — IV 25% · EM ±5.3%Jul 28 — IV 21% · EM ±4.2%Jul 29 — IV 58% · EM ±11.6%Jul 30 — IV 23% · EM ±4.6%Jul 31 — IV 27% · EM ±5.2%Aug 03 — IV 23% · EM ±4.2%Aug 04 — IV 23% · EM ±4.0%Aug 05 — IV 23% · EM ±3.9%Aug 06 — IV 25% · EM ±4.0%Aug 07 — IV 22% · EM ±3.5%Aug 10 — IV 28% · EM ±3.8%Aug 11 — IV 26% · EM ±3.5%Aug 12 — IV 28% · EM ±3.5%Aug 13 — IV 27% · EM ±3.2%Aug 14 — IV 49% · EM ±5.5%Aug 17 — IV 20% · EM ±1.7%Aug 18 — IV 79% · EM ±5.7%Aug 19 — IV 57% · EM ±3.4%Aug 24 — IV 18% · EM ±3.8%Aug 25 — IV 27% · EM ±5.5%Aug 26 — IV 24% · EM ±4.8%Aug 27 — IV 22% · EM ±4.3%Aug 28 — IV 24% · EM ±4.6%Aug 31 — IV 22% · EM ±3.9%Sep 01 — IV 24% · EM ±4.1%Sep 02 — IV 24% · EM ±3.9%Sep 03 — IV 23% · EM ±3.7%Sep 04 — IV 26% · EM ±4.0%Sep 07 — IV 29% · EM ±4.0%Sep 08 — IV 23% · EM ±3.1%Sep 09 — IV 24% · EM ±3.0%Sep 10 — IV 25% · EM ±2.9%Sep 11 — IV 22% · EM ±2.5%Sep 14 — IV 30% · EM ±2.5%Sep 15 — IV 50% · EM ±3.6%Sep 17 — IV 36% · EM ±1.5%Sep 21 — IV 24% · EM ±4.9%Sep 22 — IV 24% · EM ±5.0%Sep 23 — IV 20% · EM ±4.0%Sep 24 — IV 25% · EM ±4.9%Sep 25 — IV 25% · EM ±4.9%Sep 28 — IV 19% · EM ±3.4%Sep 29 — IV 23% · EM ±4.0%Sep 30 — IV 24% · EM ±4.0%Oct 01 — IV 25% · EM ±4.1%Oct 02 — IV 22% · EM ±3.4%Oct 05 — IV 20% · EM ±2.8%Oct 06 — IV 30% · EM ±3.9%Oct 07 — IV 23% · EM ±2.9%Oct 08 — IV 25% · EM ±3.0%

Sector peers

CINF
Cincinnati Financial Corporation
$24.8B $178.28+3.6%
L
Loews Corporation
$21.6B $113.68+2.1%
MKL
Markel Group Inc.
$21.4B $1,905.39+1.1%
ACGL
Arch Capital Group Ltd.
$32.2B $102.69+1.4%
HIG
The Hartford Insurance Group, Inc.
$34.4B $139.45+2.2%
EG
Everest Group, Ltd.
$13.9B $407.56+3.6%

WRB earnings FAQ

What is WRB's expected move for earnings?

Options currently price a move of about ±3.0%, or $2.25 per share either way from $75.55.

How does WRB stock usually react to earnings?

Across the last 6 reports the average next-day move was ±2.2%, up 5 times and down 1 times.

What is WRB's implied volatility?

WRB's at-the-money implied volatility is about 25% based on the latest options snapshot.

View on Nasdaq ↗
🔒 Preview mode. Create a free account to unlock the full earnings calendar, all panels, heatmaps, options flow, and screener.
Sign up free → Sign in