International General Insurance Holdings Ltd reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-26
<a href="https://laohu8.com/S/IGIC">International General Insurance Holdings Ltd</a> reports results for the quarter ended December 31 - Earnings Summary
  • International General Insurance Holdings Ltd IGIC.OQ reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of three analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 64 cents to 88 cents per share.

  • Revenue rose 5.9% to $174.60 million from a year ago; analysts expected $160.00 million.

  • International General Insurance Holdings Ltd's reported EPS for the quarter was 65 cents​.

  • The company reported quarterly net income of $30 million.

  • International General Insurance Holdings Ltd shares had risen by 9.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 14.4% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the property & casualty insurance peer group is also "strong buy"

Wall Street's median 12-month price target for International General Insurance Holdings Ltd is $29.00

This summary was machine generated from LSEG data February 26 at 01:13 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.74

0.89

Beat

Sep. 30 2024

0.56

0.67

Beat

Jun. 30 2024

0.62

0.74

Beat

Mar. 31 2024

0.67

0.89

Beat

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