Kingstone Companies Inc reports results for the quarter ended in December - Earnings Summary

Kingstone Companies

11/03/2022 05:06

* Kingstone Companies Inc  KINS.OQ  reported a quarterly
adjusted
loss of 11 cents​​ per share for the quarter ended in December.
The mean expectation of two analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue fell 58.5% to $19.00 million from a year ago; 
analysts
expected $38.30 million. 
    * Kingstone Companies Inc's reported EPS for the quarter was
21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 533.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Kingstone Companies Inc shares had risen by 1.4% this
quarter.
    * The company reported quarterly net income of $2.23
million.
    * Wall Street's median 12-month price target for Kingstone
Companies Inc is $7.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 11 at 05:06 a.m.  ​All
figures in US dollars unless otherwise stated