* Kingstone Companies Inc reported quarterly adjusted earnings of 50 cents per share for the quarter , higher than the same quarter last year, when the company reported EPS of -27 cents. The lone analyst forecast for the quarter was for earnings of 50 cents per share.
* Revenue rose 459% to $20.55 million from a year ago; analysts expected $41.80 million.
* Kingstone Companies Inc's reported EPS for the quarter was 55 cents.
* The company reported quarterly net income of $6.98 million.
* Kingstone Companies Inc shares had risen by 30.6% this quarter and gained 461.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 233.3% 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 "strong 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 "strong buy"
Wall Street's median 12-month price target for Kingstone Companies Inc is $13.50 This summary was machine generated from LSEG data November 13 at 02:20 p.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
Sep. 30 2024 0.50 0.50 Met
Jun. 30 2024 0.39 0.39 Met