Hamilton Insurance Group Ltd reports results for the quarter ended in September 30 - Earnings Summary

Hamilton Insurance

07/11/2024 05:16

* Hamilton Insurance Group Ltd  HG.N  reported quarterly
adjusted
earnings of 74 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 41 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 71 cents per
share. Wall Street expected results to range from 35 cents
to $1.12 per share.
    * Revenue was $637.70 million​. 
    * Hamilton Insurance Group Ltd's reported EPS for the
quarter was
74 cents​.
    * The company reported quarterly net income of $78.25
million.
    * Hamilton Insurance Group Ltd shares had fallen by 4.0%
this
quarter and gained 24.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 32.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 $22.50 
This summary was machine generated from LSEG data November 7 at
05:16 a.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
 Sep. 30 2024      0.71           0.74           Beat
 Jun. 30 2024      0.75           1.20           Beat
 Mar. 31 2024      1.06           1.38           Beat
 Dec. 31 2023      0.65           1.15           Beat