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RenaissanceRe (RNR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended September 2026, RenaissanceRe (RNR - Free Report) reported revenue of $2.54 billion, down 11.5% over the same period last year. EPS came in at $12.71, compared to $15.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.6 billion, representing a surprise of -2.25%. The company delivered an EPS surprise of +12.88%, with the consensus EPS estimate being $11.26.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how RenaissanceRe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Claims and Claim Expense Ratio - calendar year - Property: 4.1% compared to the 51.2% average estimate based on three analysts.
Underwriting Expense Ratio - Property: 28.3% compared to the 28% average estimate based on three analysts.
Combined Ratio - Property: 32.4% versus 79.2% estimated by three analysts on average.
Net Claims and Claim Expense Ratio - calendar year - Casualty and Specialty: 78% versus the three-analyst average estimate of 69.9%.
Combined Ratio: 79.7% compared to the 92.4% average estimate based on three analysts.
Combined Ratio - Casualty and Specialty: 110.6% versus 102% estimated by three analysts on average.
Underwriting Expense Ratio: 30.8% versus 30.4% estimated by three analysts on average.
Net premiums earned- Casualty and Specialty: $1.27 billion versus the three-analyst average estimate of $1.28 billion. The reported number represents a year-over-year change of -15.1%.
Revenues- Net investment income: $440.85 million versus $439.51 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
Net premiums earned- Property: $829.76 million versus the three-analyst average estimate of $871.18 million. The reported number represents a year-over-year change of -11.4%.
Revenues- Net premiums earned: $2.1 billion versus $2.16 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -13.7% change.
Revenues- Equity in earnings (losses) of other ventures: $28.54 million versus the two-analyst average estimate of $12.52 million. The reported number represents a year-over-year change of +127.4%.
Shares of RenaissanceRe have returned +8.2% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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RenaissanceRe (RNR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended September 2026, RenaissanceRe (RNR - Free Report) reported revenue of $2.54 billion, down 11.5% over the same period last year. EPS came in at $12.71, compared to $15.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.6 billion, representing a surprise of -2.25%. The company delivered an EPS surprise of +12.88%, with the consensus EPS estimate being $11.26.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how RenaissanceRe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for RenaissanceRe here>>>
Shares of RenaissanceRe have returned +8.2% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.