Accelerant Holdings reports results for the quarter ended June 30 - Earnings Summary
Accelerant Holdings reports results for the quarter ended June 30 - Earnings Summary
Accelerant Holdings ARX.N reported quarterly adjusted earnings of 32 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of ten analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 14 cents to 21 cents per share.
Revenue rose 50.2% to $329.90 million from a year ago; analysts expected $279.23 million.
Accelerant Holdings's reported EPS for the quarter was 36 cents.
The company reported quarterly net income of $78.7 million.
Accelerant Holdings shares had risen by 16.1% this quarter and lost 16.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.7% 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 "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Accelerant Holdings is $18.00, about 24.4% above its last closing price of $13.61
This summary was machine generated from LSEG data August 13 at 01:31 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 |
Jun. 30 2026 | 0.16 | 0.32 | Beat |
Mar. 31 2026 | 0.16 | 0.17 | Beat |
Dec. 31 2025 | 0.16 | 0.23 | Beat |
Sep. 30 2025 | 0.22 | 0.39 | Beat |