Argo Group International Holdings Ltd expected to post earnings of $1.10 a share - Earnings Preview

Argo International Holdings

30/04/2022 03:02

* Argo Group International Holdings Ltd  ARGO.N   ARGO.K  is
expected to show a rise in quarterly revenue when it reports 
results on May 2. 
    * The Pembroke Bermuda-based   company is expected to report
 a
8.5% increase in revenue to $505.625 million from $466.1 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Argo Group
International
Holdings Ltd is for earnings of $1.10 per share. For the same
quarter last year, the company reported earnings of 44 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 357.6% in the last three months. ​
    * Wall Street's median 12-month price target for Argo Group
International Holdings Ltd is $51.75​, above​ its last closing
price of $42.80. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -2.65       -2.66      -1.77     Beat    33.4
 Sep. 30 2021  0.03        0.07       0.91      Beat    1,238.
                                                        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.        -0.33       -0.39      -0.52     Missed  -34.5
 31 2020                                                
 Sep. 30 2020  -0.63       -0.62      -0.34     Beat    45.6​
 Jun. 30 2020  -0.39       -0.32      -0.14     Beat    56.5
 Mar. 31 2020  0.17        0.20       0.36      Beat    83.7
 This summary was machine generated April 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated