Kinsale Capital Group Inc expected to post earnings of $3.39 a share - Earnings Preview

Kinsale Capital

13/02/2024 22:52

* Kinsale Capital Group Inc  KNSL.N   KNSL.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
15 for the period ending December 31 2023
    * The Richmond Virginia-based  company is expected to report
a
37.0% increase in revenue to $332.788 million from $242.96
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Kinsale Capital Group
Inc is
for earnings of $3.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kinsale
Capital
Group Inc is $410.00​, below​ its last closing price of $412.08.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.85        2.84       3.31      Beat    16.6
 Jun. 30 2023  2.48        2.48       2.88      Beat    16.3
 Mar. 31 2023  2.21        2.21       2.44      Beat    10.6​
 Dec. 31 2022  2.15        2.15       2.60      Beat    21.1
 ​​Sep.        1.20        1.30       1.64      Beat    25.9
 30 2022                                                
 Jun. 30 2022  1.63        1.62       1.92      Beat    18.4​
 Mar. 31 2022  1.52        1.52       1.63      Beat    7.5
 Dec. 31 2021  1.39        1.39       1.76      Beat    26.4
 This summary was machine generated February 13 at 22:52 GMT. 
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)