Argo Group International Holdings Ltd expected to post earnings of 51  cents a share - Earnings Preview

Argo International Holdings

03/11/2023 11:52

* Argo Group International Holdings Ltd  ARGO.N   ARGO.K  is
expected to show a fall in quarterly revenue when it reports 
results on November 6 (estimated). 
    * The Pembroke Bermuda-based   company is expected to report
 a
21.4% decrease in revenue to $357.8 million from $455 million a
year ago, according to the estimate from one analyst, based on
LSEG data. 
    * ​Refinitiv's mean analyst estimate for Argo Group
International
Holdings Ltd is for earnings of 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "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 $29.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.51        0.57       -0.02     Missed  -103.5
 Mar. 31 2023  0.95        0.92       -0.31     Missed  -133.6
 Dec. 31 2022  -1.78       -1.75      -2.69     Missed  -53.3​
 Sep. 30 2022  -2.16       -2.20      0.44      Beat    120
 ​​Jun.        1.15        1.15       0.89      Missed  -22.9
 30 2022                                                
 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. 30 2021  0.03        0.07       0.91      Beat    1,238.
                                                        2
 This summary was machine generated November 3 at 11:51 GMT.  All
figures in US dollars  unless otherwise stated