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ACGLBullishEarningsnews
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Arch Capital Group (ACGL) Advances While Market Declines: Some Information for Investors

Jul 24, 2024, 7:12 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

ACGL closed at $96.40, outperforming the S&P 500's 2.32% loss. Earnings report expected on July 30, 2024, EPS projected at $2.17. Revenue projected at $3.9 billion, up 21.54% year-over-year. Zacks Rank #3 indicates analysts hold a neutral outlook for ACGL. ACGL's Forward P/E ratio at 11.21 suggests it's trading at a discount.

  • ACGL closed at $96.40, outperforming the S&P 500's 2.32% loss.
  • Earnings report expected on July 30, 2024, EPS projected at $2.17.
  • Revenue projected at $3.9 billion, up 21.54% year-over-year.
  • Zacks Rank #3 indicates analysts hold a neutral outlook for ACGL.
  • ACGL's Forward P/E ratio at 11.21 suggests it's trading at a discount.

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