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

International General Insurance Holdings

15/08/2023 23:48

* International General Insurance Holdings Ltd  IGIC.OQ 
reported
quarterly adjusted earnings of 83 cents​​ per share for the
quarter ended in June. The mean expectation of two analysts for
the quarter was for earnings of 59 cents per share.
    * Revenue fell 26.9% to $128.90 million from a year ago. 
    * International General Insurance Holdings Ltd's reported
EPS for
the quarter was 88 cents​.
    * The mean earnings estimate of analysts had risen by
about 21.9%
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 10.4% this quarter and gained 23.4% so far this year.
    * The company reported quarterly net income of $40.5
million.
    * Wall Street's median 12-month price target for
International
General Insurance Holdings Ltd is $11.00 
    * 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 LSEG Refinitiv data
August 15 at 10:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.59           0.83           Beat
 Mar. 31 2023      0.30           0.62           Beat
 Dec. 31 2022      0.28           0.28           Met
 Sep. 30 2022      0.26           0.56           Beat