Argo Group International Holdings Ltd expected to post earnings of 7 cents a share - Earnings Preview

Argo International Holdings

30/10/2021 03:05

* Argo Group International Holdings Ltd  ARGO.N   ARGO.K  is
expected to show a rise in quarterly revenue when it reports
results on November 2. 
* The Pembroke, Bermuda-based company is expected to report  a
7.4% increase in revenue to $478.367 million from $445.5 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Argo Group
International Holdings Ltd is for earnings of 7 cents per share.
For the same quarter last year, the company reported a loss
of 34 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Argo Group
International Holdings Ltd is $66.5​, about 17.1% above​ its
last closing price of $55.10. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Sep. 30 2020  -0.63       -0.62      -0.34     Beat    45.6
 Jun.          -0.39​      -0.32      -0.14     Beat    56.5​
 30​ 2020​                                              
 Mar. 31 2020  0.17        0.20       0.36      Beat    83.7​
 Dec. 31 2019  -2.10       -2.15      -2.15     Met     0
 Sep. 30 2019  -0.45       -0.45      -0.44     Beat    2.2
 This summary was machine generated October 30 at 02:05 GMT.  All
figures in US dollars unless otherwise stated