Argo Group International Holdings Ltd expected to post a loss of $1.75 a share - Earnings Preview

Argo International Holdings

17/02/2023 12:19

* Argo Group International Holdings Ltd  ARGO.N   ARGO.K  is
expected to show a fall in quarterly revenue when it reports 
results on February 27. 
    * The Pembroke Bermuda-based   company is expected to report
 a
11.4% decrease in revenue to $469.95 million from $530.7 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Argo Group
International
Holdings Ltd is for a loss of $1.75 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Argo Group
International Holdings Ltd is $30​, above​ its last closing
price of $29.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -2.16       -2.20      0.44      Beat    120
 Jun. 30 2022  1.15        1.15       0.89      Missed  -22.9
 Mar. 31 2022  1.10        1.10       1.24      Beat    13.1​
 Dec. 31 2021  -2.65       -2.66      -1.77     Beat    33.4
 ​​Sep.        0.03        0.07       0.91      Beat    1,238.
 30 2021                                                2
 Jun. 30 2021  0.95        0.93       1.60      Beat    71.4​
 Mar. 31 2021  0.01        0.00       0.44      Beat    13,113
                                                        .2
 Dec. 31 2020  -0.33       -0.39      -0.52     Missed  -34.5
 This summary was machine generated February 17 at 12:19 GMT. 
All figures in US dollars  unless otherwise stated