James River Group Holdings Ltd expected to post earnings of 44 cents a share - Earnings Preview

James River group

27/02/2024 02:00

* James River Group Holdings Ltd  JRVR.OQ   JRVR.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 28 for the period ending December 31 2023
    * The Hamilton Bermuda-based   company is expected to report
a
35.2% decrease in revenue to $146.183 million from $225.71
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 44 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $15.00​, above​ its last closing price
of $10.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.50        0.50       0.56      Beat    12.3​
 Dec. 31 2022  0.52        0.52       0.53      Beat    1.6
 ​​Sep.        0.41        0.43       0.41      Missed  -3.8
 30 2022                                                
 Jun. 30 2022  0.49        0.50       0.52      Beat    4.9​
 Mar. 31 2022  0.27        0.26       0.37      Beat    40.9
 Dec. 31 2021  0.03        0.12       -1.81     Missed  -1,606
                                                        .7
 This summary was machine generated February 27 at 02:00 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)