American Coastal Insurance Corp reports results for the quarter ended September 30 - Earnings Summary
American Coastal Insurance Corp reports results for the quarter ended September 30 - Earnings Summary
American Coastal Insurance Corp ACIC.OQ reported quarterly adjusted earnings of 42 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 61 cents. The lone analyst forecast for the quarter was for earnings of 47 cents per share.
Revenue fell 19% to $65.45 million from a year ago.
American Coastal Insurance Corp's reported EPS for the quarter was 40 cents.
The company reported quarterly net income of $19.4 million.
American Coastal Insurance Corp shares had risen by 20.2% this quarter and lost 8.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 476% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "buy."
This summary was machine generated from LSEG data October 29 at 10:47 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 2026 | 0.47 | 0.42 | Missed |
Jun. 30 2026 | 0.42 | 0.33 | Missed |
Mar. 31 2026 | 0.44 | 0.39 | Missed |
Dec. 31 2025 | 0.42 | 0.52 | Beat |
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