James River Group Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

James River group

12/11/2024 03:44

* James River Group Holdings Ltd  JRVR.OQ  reported a
quarterly
adjusted loss of 74 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 48 cents.  The mean expectation of
six analysts for the quarter was for earnings of 15 cents per
share. Wall Street expected results to range from -58 cents
to 66 cents per share.
    * Revenue fell 18% to $191.50 million from a year ago;
analysts
expected $146.56 million. 
    * James River Group Holdings Ltd's reported EPS for the
quarter
was a loss of $1.10​.
    * The company reported a quarterly loss of $42.01 million.
    * James River Group Holdings Ltd shares had risen by 4.5%
this
quarter and lost 29.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for James River Group
Holdings Ltd is 11.00 
This summary was machine generated from LSEG data November 12 at
03:43 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
 Sep. 30 2024      0.15           -0.74          Missed
 Jun. 30 2024      0.42           0.33           Missed
 Mar. 31 2024      0.43           0.39           Missed
 Dec. 31 2023      0.44           0.33           Missed