W. R. Berkley (WRB) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The current quarter outperformed the year-ago period significantly, though the sequential growth was modest.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The current quarter outperformed the year-ago period significantly, though the sequential growth was modest.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $3B | +16.9% |
| Mar 31, 2023 | $2.9B | -0.7% |
| Jun 30, 2023 | $3B | +19.2% |
| Sep 30, 2023 | $3B | +11.2% |
Revenue performance
The reported revenue moved upward from the immediately preceding quarter, continuing a generally rising trend observed over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue showed a notable increase. When set against the prior quarter, the growth was positive but more restrained.
What to watch
No filing context was provided to identify specific risk factors or management commentary for this quarter.