James River Group Holdings Ltd expected to post earnings of 42 cents a share - Earnings Preview

James River group

02/08/2024 22:36

* James River Group Holdings Ltd  JRVR.OQ   JRVR.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 5 for the period ending June 30 2024
    * The Pembroke Bermuda-based   company is expected to report
a
20.7% decrease in revenue to $189.2 million from $238.44 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for James River Group
Holdings Ltd
is for earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for James River
Group
Holdings Ltd is $12.50​, above​ its last closing price of $8.10.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.43        0.43       0.39      Missed  -8.2
 Dec. 31 2024  0.43        0.44       0.33      Missed  -24.8
 Sep. 30 2023  0.44        0.47       0.48      Beat    2.9​
 Jun. 30 2023  0.52        0.52       0.53      Beat    1.6
 ​​Mar.        0.50        0.50       0.56      Beat    12.3
 31 2023                                                
 Dec. 31 2022  0.52        0.52       0.53      Beat    1.6​
 Sep. 30 2022  0.41        0.43       0.41      Missed  -3.8
 Jun. 30 2022  0.49        0.50       0.52      Beat    4.9
 This summary was machine generated August 2 at 21:36 GMT.  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)