Hamilton Insurance Group Ltd reports results for the quarter ended in June - Earnings Summary

Hamilton Insurance

08/08/2024 24:02

* Hamilton Insurance Group Ltd  HG.N  reported quarterly
adjusted
earnings of $1.20​​ per share for the quarter ended in June. 
The mean expectation of seven analysts for the quarter was
for earnings of 75 cents per share. Wall Street expected
results to range from 69 cents to 91 cents per share.
    * Revenue was $587.94 million​; analysts expected $343.33
million. 
    * Hamilton Insurance Group Ltd's reported EPS for the
quarter was
$1.20​.
    * The company reported quarterly net income of $131.09
million.
    * Hamilton Insurance Group Ltd shares had fallen by 7.1%
this
quarter and gained 3.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the reinsurance
peer
group is also "buy"

Wall Street's median 12-month price target for Hamilton
Insurance Group Ltd is $20.00 
This summary was machine generated from LSEG data August 7 at
11:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.75           1.20           Beat
 Mar. 31 2024      1.06           1.38           Beat
 Dec. 31 2023      0.65           1.15           Beat
 Sep. 30 2023      0.50           0.41           Missed