VERISK ANALYTICS, INC. (NASDAQ:VRSK) Files An 8-K Regulation FD DisclosureItem 7.01
On December6, 2017, Verisk Analytics, Inc. (the “Company”), announced that it will webcast its annual Investor Day on Thursday, December7, 2017, beginning at 8:30 a.m. EST (5:30 a.m. PST, 1:30 p.m. GMT). Company senior management will share perspectives on strategy and revenue growth initiatives in each of the three market verticals that the Company serves: property/casualty insurance, natural resources, and financial services. The vertical leadership teams will also discuss the Company’s market position, new solutions offerings, and the strength of its customer relationships.
Company senior management will review how these growth opportunities and the outlook for each of its major business lines support Company average annual expectations over the intermediate term of:
| • | high single-digit organic revenue growth |
| • | EBITDA growth above revenue growth |
| • | double-digit adjusted EPS growth |
Company management will also discuss its effective capital deployment through internal investment, acquisitions and repurchases, with returns well above the Company’s weighted average cost of capital over extended periods.
Investor Day will be webcast live, and the presentations have been posted on the Verisk investor website at http://investor.verisk.com. A replay of the webcast will be available through a link on the Verisk investor website for 30 days.
A copy of the press release is annexed as Exhibit99.1 and incorporated by reference herein. The information in this Current Report on Form 8-K (including the press release) is being furnished to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
| Item 7.01 | Financial Statements and Exhibits |
(d) Exhibits.
|
ExhibitNo. |
Description |
| 99.1 | Press Release dated December6, 2017 |
Verisk Analytics, Inc. ExhibitEX-99.1 2 d495014dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Verisk to Discuss Revenue Growth Drivers and Strong Capital Allocation Track Record at Investor Day on Thursday,…To view the full exhibit click here
About VERISK ANALYTICS, INC. (NASDAQ:VRSK)
Verisk Analytics, Inc. is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others. The Company operates through two segments: Risk Assessment and Decision Analytics. The Risk Assessment segment provides statistical, actuarial and underwriting data for the United States property and casualty (P&C) insurance industry. The Decision Analytics segment provides predictive models to forecast scenarios and produce both standard and customized analytics that help its customers manage their businesses, including predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
