Hallmark Financial Services Inc reports results for the quarter ended in March - Earnings Summary

Hallmark Financial Services

16/05/2023 06:28

* Hallmark Financial Services Inc  HALL.OQ  reported a
quarterly
adjusted loss of $21.53​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of $4.05 per share.
    * Revenue fell 45.9% to $42.38 million from a year ago;
analysts
expected $43.71 million. 
    * Hallmark Financial Services Inc's reported EPS for the
quarter
was a loss of $21.53​.
    * The mean earnings estimate of analysts had fallen by
about 35%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Hallmark Financial Services Inc shares had fallen by 41.4%
this
quarter and lost 34.8% so far this year.
    * The company reported a quarterly loss of $39.14 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
16 at 05:28 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -4.05          -21.53         Missed
 Dec. 31 2022      -3.60          -16.68         Missed
 Sep. 30 2022      -1.90          -11.30         Missed
 Jun. 30 2022      -2.20          -23.30         Missed