• American Coastal Insurance Corp ACIC.OQ reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended January 1. The lone analyst forecast for the quarter was for earnings of 35 cents per share.

• Revenue was $74.49 million​; analysts expected $84.51 million.

• American Coastal Insurance Corp's reported EPS for the quarter was 57 cents​.

• The company reported quarterly net income of $28.11 million.

• American Coastal Insurance Corp shares had risen by 18.0% this quarter and gained 40.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 40% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "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 "buy"

Wall Street's median 12-month price target for American Coastal Insurance Corp is 15.00

This summary was machine generated from LSEG data November 7 at 05:12 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)