Argo Group International Holdings Ltd reports results for the quarter ended in December - Earnings Summary

Argo International Holdings

28/02/2023 24:35

* Argo Group International Holdings Ltd  ARGO.N  reported a
quarterly adjusted loss of $2.69​​ per share for the quarter
ended in December. The mean expectation of four analysts for the
quarter was for a loss of $1.75 per share.
    * Revenue fell 34% to $350.50 million from a year ago;
analysts
expected $469.95 million. 
    * Argo Group International Holdings Ltd's reported EPS for
the
quarter was a loss of $3.19​.
    * The mean earnings estimate of analysts had fallen by
about 17.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Argo Group International Holdings Ltd shares had risen
by 13.0%
this quarter.
    * The company reported a quarterly loss of $111.8 million.
    * Wall Street's median 12-month price target for Argo Group
International Holdings Ltd is $30.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 12:35 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.75          -2.69          Missed
 Sep. 30 2022      -2.20          0.44           Beat
 Jun. 30 2022      1.15           0.89           Missed
 Mar. 31 2022      1.10           1.24           Beat