ACGL · NASDAQ-GS
Consensus is $1.89 EPS for Sep 2026 across 7 estimates, ranging $1.61 to $2.19.
No consensus figures are available, so the quarter cannot be assessed against an external estimate. Reported revenue of $4.668 billion declined from $5.213 billion in Q2 FY2025 and was broadly flat with $4.67 billion in Q2 FY2026’s recent-quarter summary, while net income available to common shareholders fell to $1.047 billion from $1.227 billion. The main drag was lower net premiums earned, which fell to $3.985 billion from $4.337 billion, compounded by the shift from $229 million of net realized gains to $17 million of net realized losses. Investment income and equity-method income improved to $417 million and $196 million, respectively, partly offsetting that pressure. Total expenses decreased to $3.493 billion from $3.802 billion, with lower losses and acquisition expenses, but other operating expenses rose to $471 million from $454 million. The filing does not provide segment results or stated margins.
Management guidance is not provided in the supplied material. There are no forward revenue, earnings, underwriting, margin, capital, or capex ranges to compare with a prior guide. The filing reports six-month 2026 results, including $2.084 billion of net income available to Arch common shareholders and $2.510 billion of operating cash flow, but these are historical figures rather than outlook assumptions. It also provides no stated assumptions or caveats regarding pricing, catastrophe losses, investment returns, expense trends, or capital deployment in future periods.
