American Coastal Insurance Corp expected to post earnings of 42 cents a share - Earnings Preview
American Coastal Insurance Corp expected to post earnings of 42 cents a share - Earnings Preview
American Coastal Insurance Corp ACIC.OQ ACIC.O is expected to show a fall in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The St. Petersburg Florida-based company is expected to report a 11.2% decrease in revenue to $69.673 million from $78.44 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for American Coastal Insurance Corp is for earnings of 42 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for American Coastal Insurance Corp is $14.00, about 31.8% above its last closing price of $10.62
This summary was machine generated August 3 at 20:49 GMT. 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)
Recent news on American Coastal Insurance
See all newsAmerican Coastal Insurance Corp reports results for the quarter ended September 30 - Earnings Summary
American Coastal Insurance Q3 revenue falls
Brief: American Coastal Insurance Q3 Net Income USD 19.397 Million
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American Coastal Insurance Corp reports results for the quarter ended June 30 - Earnings Summary