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

Kingstone Companies

11/08/2023 24:32

* Kingstone Companies Inc  KINS.OQ  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of one cent
per share.
    * Revenue fell 4.8% to $28.58 million from a year ago;
analysts
expected $29.02 million. 
    * The mean earnings estimate of analysts had fallen by
about 125%
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 fallen by 4.3% this
quarter and lost 17.0% so far this year.
    * The company reported a quarterly loss of $522 thousand.
    * Wall Street's median 12-month price target for Kingstone
Companies Inc is $1.20 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 11:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.01          -0.06          Missed
 Mar. 31 2023      -0.19          -0.56          Missed
 Dec. 31 2022      -0.02          -0.36          Missed
 Sep. 30 2022      -0.02          -0.35          Missed