W. R. Berkley (WRB) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The trajectory of growth followed the trend of year-over-year increases seen throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The trajectory of growth followed the trend of year-over-year increases seen throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.1B
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 |
|---|---|---|
| Mar 31, 2023 | $2.9B | -0.7% |
| Jun 30, 2023 | $3B | +19.2% |
| Sep 30, 2023 | $3B | +11.2% |
| Dec 31, 2023 | $3.2B | +6.9% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, and was also higher than the same quarter one year earlier.
Quarterly comparison
Compared with the previous quarter, revenue growth continued at a moderate pace. On a year-over-year basis, the reported increase was consistent with the trajectory of positive growth observed in earlier quarters of the fiscal year.
What to watch
The filing contains no specific commentary on revenue drivers; monitor future disclosures for context on underlying factors.