Markel’s (MKL) Q1 Earnings Surge Year-over-Year Despite Missing Revenue Estimates

• Markel Group Inc. reports Q1 2024 earnings per share of $18.17, missing the Zacks Consensus Estimate by 1.8%.
• The company’s net operating earnings increased by 4.7% year over year.
• Despite missing the estimate, Markel saw improved earned premiums and increased net investment income.

Markel Group Inc. reports Q1 2024 earnings, showing an increase in net operating earnings despite missing the Zacks Consensus Estimate.

Markel’s Q1 2024 Financial Performance

Markel Group Inc. reported first-quarter 2024 net operating earnings per share of $18.17, which missed the Zacks Consensus Estimate by 1.8%. However, the bottom line increased 4.7% year over year. The company witnessed improved earned premiums and increased net investment income.

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