International General Insurance Holdings Ltd reports results for the quarter ended in December - Earnings Summary

International General Insurance Holdings

02/03/2023 22:49

* International General Insurance Holdings Ltd  IGIC.OQ 
reported
quarterly adjusted earnings of 28 cents​​ per share for the
quarter ended in December. The mean expectation of two analysts
for the quarter was for earnings of 28 cents per share.
    * Revenue rose 66% to $156.70 million from a year ago;
analysts
expected $171.70 million. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * International General Insurance Holdings Ltd shares
had risen
by 4.1% this quarter.
    * The company reported quarterly net income of $23.8
million.
    * Wall Street's median 12-month price target for
International
General Insurance Holdings Ltd is $10.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 10:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.28           0.28           Met
 Sep. 30 2022      0.26           0.56           Beat
 Jun. 30 2022      0.33           0.60           Beat
 Mar. 31 2022      0.28           0.49           Beat