Benzinga | Oct 29, 2020 04:54PM EDT

Arch Capital Group Q3 EPS $0.92 Beats $0.19 Estimate, Sales $99.86M Miss $1.67B Estimate

Arch Capital Group (NASDAQ:ACGL) reported quarterly earnings of $0.92 per share which beat the analyst consensus estimate of $0.19 by 384.21 percent. This is a 46.03 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $99.86 million which missed the analyst consensus estimate of $1.67 billion by 94.02 percent. This is a 93.06 percent decrease over sales of $1.44 billion the same period last year.