James River Group Holdings Ltd reports results for the quarter ended in December - Earnings Summary

James River group

29/02/2024 04:48

* James River Group Holdings Ltd  JRVR.OQ  reported
quarterly
adjusted earnings of 33 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 53 cents.  The mean expectation of
five analysts for the quarter was for earnings of 44 cents per
share. Wall Street expected results to range from 39 cents to 50
cents per share.
    * Revenue fell 3.4% to $218.10 million from a year ago;
analysts
expected $146.18 million. 
    * James River Group Holdings Ltd's reported EPS for the
quarter
was a loss of $3.43​.
    * The company reported a quarterly loss of $152.78 million.
    * James River Group Holdings Ltd shares had risen by 14.5%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for James River
Group
Holdings Ltd is $15.00 

This summary was machine generated from LSEG data February 29 at
04:47 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
 Dec. 31 2023      0.44           0.33           Missed
 Sep. 30 2023      0.47           0.48           Beat
 Jun. 30 2023      0.52           0.53           Beat
 Mar. 31 2023      0.50           0.56           Beat