WR Berkley Down on Earnings News

Shares of WR Berkley (BER) are down on what I thought were decent earnings. The company earned 93 cents a share compared with 87 cents last year. This is operating earnings as that’s the more important number to follow with insurance stocks. Wall Street was looking for 91 cents a share.
The stock is going for less than eight times trailing earnings.

Posted by on October 23rd, 2007 at 1:34 pm


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