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

James River group

02/05/2023 23:05

* James River Group Holdings Ltd  JRVR.OQ  reported
quarterly
adjusted earnings of 56 cents​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 16.7% to $235.60 million from a year ago;
analysts
expected $218.20 million. 
    * James River Group Holdings Ltd's reported EPS for the
quarter
was 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * James River Group Holdings Ltd shares had fallen by 5.8%
this
quarter and lost 7.0% so far this year.
    * The company reported quarterly net income of $6.98
million.
    * Wall Street's median 12-month price target for James River
Group
Holdings Ltd is $30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.50           0.56           Beat
 Dec. 31 2022      0.52           0.53           Beat
 Sep. 30 2022      0.43           0.41           Missed
 Jun. 30 2022      0.50           0.52           Beat