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Vericity Past Earnings Performance

Past criteria checks 0/6

Vericity has been growing earnings at an average annual rate of 8.6%, while the Insurance industry saw earnings growing at 4.2% annually. Revenues have been growing at an average rate of 6.8% per year.

Key information

8.6%

Earnings growth rate

10.3%

EPS growth rate

Insurance Industry Growth	5.9%
Revenue growth rate	6.8%
Return on equity	-13.1%
Net Margin	-7.6%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Vericity makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:2TE Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	178	-14	104
31 Dec 23	178	-10	101
30 Sep 23	175	-15	101
30 Jun 23	171	-12	100
31 Mar 23	169	-17	98
31 Dec 22	164	-20	98
30 Sep 22	170	-17	97
30 Jun 22	173	-17	98
31 Mar 22	174	-16	97
31 Dec 21	177	-17	95
30 Sep 21	166	-19	90
30 Jun 21	161	-17	84
31 Mar 21	154	-23	80
31 Dec 20	148	-25	80
30 Sep 20	141	-21	77
30 Jun 20	139	-26	82
31 Mar 20	138	-22	82
31 Dec 19	135	-19	77
30 Sep 19	135	-22	76
30 Jun 19	131	-16	71
31 Mar 19	127	-17	70
31 Dec 18	124	-14	68
30 Sep 18	123	-12	67
31 Dec 17	116	-8	56
31 Dec 16	113	-15	59

Quality Earnings: 2TE is currently unprofitable.

Growing Profit Margin: 2TE is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2TE is unprofitable, but has reduced losses over the past 5 years at a rate of 8.6% per year.

Accelerating Growth: Unable to compare 2TE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2TE is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (7.3%).

Return on Equity

High ROE: 2TE has a negative Return on Equity (-13.12%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/01 02:40
End of Day Share Price	2024/07/01 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vericity, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.