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TMCNet: Lowest Projected Earnings Growth in the Property & Casualty Insurance Industry Detected in Shares of ACE (ACE, RLI, ALL, ERIE, WRB)

[March 18, 2013]

Lowest Projected Earnings Growth in the Property & Casualty Insurance Industry Detected in Shares of ACE (ACE, RLI, ALL, ERIE, WRB)

Mar 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Property & Casualty Insurance industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.ACE ranks lowest with a projected earnings growth of 1.9%. Following is RLI with a projected earnings growth of 5.2%. Allstate ranks third lowest with a projected earnings growth of 6.9%.
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Erie Indemnity follows with a projected earnings growth of 9.8%, and WR Berkley rounds out the bottom five with a projected earnings growth of 10.4%.

SmarTrend recommended that subscribers consider buying shares of Erie Indemnity on November 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $66.64. Since that recommendation, shares of Erie Indemnity have risen 13.7%. We continue to monitor Erie Indemnity for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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