Verisk Analytics (VRSK) is expected to report in-line Q2 results and reaffirm its full-year 2025 outlook, RBC Capital Markets said in a note emailed Monday.
RBC estimates Q2 revenue of $768 million, representing a 7.2% growth year over year or 7.4% on an organic constant currency basis, nearly in line with a consensus estimate of $769 million. The firm also estimates Q2 earnings of $1.77 per share versus consensus of $1.77, according to the note.
The company's subscription revenue growth is expected to be in the high single digits due to price realization, new solution sales, improved sales strategy, and demand for the Extreme Event Solutions business, analysts led by Ashish Sabadra wrote.
"We believe the continued strong execution of the enhanced go-to-market strategy, combined with innovations from the 'Core Lines Reimagined' initiative, should support sustained subscription growth", the analysts added.
The currency impact is expected to have a "modest" tailwind on Verisk, which also said the business is "generally economically insensitive," according to RBC.
RBC also expects Verisk to reaffirm its 2025 guidance of 6% to 8% organic constant currency revenue growth and EPS of $6.80 to $7.10.
RBC maintained its outperform rating and $314 price target on Verisk stock.
Shares of the company were up 1.4% in recent Monday trading.
Price: 304.73, Change: +4.22, Percent Change: +1.40
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